EURUSD H4 Long trend continuation two targets
The h4 eurusd trend is up
Now is a solid retest point of support and trendline confluence area
to continue the trend up as a swing on h4 timeframe.
Target 1: the latest high.
Target 2: a break of latest high with consideration of a fair distance market will go visually.
Since it is a trend continuation bounce/retest of support we can expect the break to occur.
Thus this trade has 2 targets.
Stop is 10 pips beneath the support and trendline.
Target 1 is 30 pips 3:1 RR
Target 2 is 80 pips 8:1 RR
Goodluck
Now is a solid retest point of support and trendline confluence area
to continue the trend up as a swing on h4 timeframe.
Target 1: the latest high.
Target 2: a break of latest high with consideration of a fair distance market will go visually.
Since it is a trend continuation bounce/retest of support we can expect the break to occur.
Thus this trade has 2 targets.
Stop is 10 pips beneath the support and trendline.
Target 1 is 30 pips 3:1 RR
Target 2 is 80 pips 8:1 RR
Goodluck
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