I closed my short at 1.4020 for a 50 pip loss and entered long at 1.4000 as trendline had been broken and we had a breakout confirmed. Just logged on and wow...it sure has got some momentum now. put in a 50pip TSL and hard stop is at +10 pips.
Looking at a first target of the recent high on June 11
Was a classic breakout of the daily and 4H falling trendline...it broke through and then went back down to the line which was now acting as support and then back up again
Looking at a first target of the recent high on June 11
Was a classic breakout of the daily and 4H falling trendline...it broke through and then went back down to the line which was now acting as support and then back up again