I'm Long Again

by Liam 11:16 0 comments

Following swiftly on from yesterday's post I got in long on EU again, with the pole formation I spoke about yesterday I considered there to be enough demand to push up and through the triple top formation.

Well, I was half right.

It got to the area I pointed out, the set up completed and I was taken in, then straight back down we went. It got within about 4 pips of stopping me out but then it gradually made it's way up over night and I woke up in profit. It has since dropped off again after penetrating the 1.3000 barrier on high volume.

EUR/USD 1hr PnF

EUR/USD 15min