Going Long on the EUR/USD following the trend the past days.
I am expecting the Price to hit the 1.2400 price target. Which will be my general Take Profit. The price might go above the 1.2400 and reverse at around 1.24100 and lower. From there we will see if we get a reverse trade for a short position or if we continue to keep rising immediately.
Once we hit the Target zone we might see some price consolidation as well that will most likely acquire before the US market opens for some short orders so take a look at this.
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Last Trades
3 out of 4 Trades hit TP
1 out of 4 Trades was closed early with a positive SL