EURUSD breakout of the channel

EURUSD has been in this ascending channel for more than one month and, at the moment, we seem to have strong action by sellers, attempting to break the lower part of the channel.

Standard trade, with stop loss above a short-term congestion phase, take profit at the same level of the swing low that started this up-channel.

Good luck everyone :)

Trade ist aktiv:

The trade is giving great results so far, but mind that there is the interest rate decision coming, so be prepared to get out of it in case of negative market reaction.

Trade geschlossen: Ziel wurde erreicht:

Take Profit reached!