EURUSD great setup and good risk reward, rising wedge

Entry level between 1.238/1.240
Stop at 1.242
Target 1: 1.232
Target 2: 1.226/1.222

Kommentar:

So it dropped out, making a test of the former support line now, while making a bear flag. This should drop from around here. Should not get back in the wedge to much again

Kommentar:

No big problem yet, but price got back into the wedge a bit to much. Could have been turned into a bullish triangle now

Kommentar:

But can break both ways as well of course

Kommentar:

And finally, confirmation. I have lowered my stop to entry level for a free trade :)

Don’t forget to like if you appreciate what I am doing :)

Kommentar:

I have just closed 1/3 of my position, locking in some profit. The other 2 third is for the targets i had planned

Trade geschlossen: Ziel wurde erreicht:

Perfect trade :) 140 pips