Long entry: 1.2485
SL: 1.2435
Target 1: 1.2905
Target 2: 1.3000
Status: 98%
Risk-Reward: 8:1
Hard stop strategy used beyond which, set up becomes totally invalid
Comment: With news filtering in that Spain might get help, I have another big reason beside what price action suggests on eurusd Daily to long without hesitation after market open.
Chart is almost self-explanatory.
Ask any questions fellas!
Good luck if you are coming along
I hope you’re right cuz I’m gonna long on Eur/Usd too, but it is mostly due to the news on the Spain bailout. Keep your fingers crossed.