A nice setup is showing on H4 G/J.
The price is testing the recent trendline and support and i have a nice opportunity here.
I can put my stop at 119.30 to 121.00. I will put a stop and reverse at 119.30 with a SL at 119.60 and a tp at 118.
I'm risking 60 pips in the worst case.
Eur/usd
Well i missed my entry point on my plan. I should have traded right at the opening. It's time for a long now. We have a broadening triangle on H4. I can put my stop just below the support at 1.3060.
I think it's time to take a position for a longer term plan. I'm aiming 1.3470 on this trade. At 1.3280, i'm gonna move my stop loss to lock some profit and i want to scale in to 1.3470.
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