New Trade On EUR/USD – March 13, 2013

If you were watching your charts you should already be in this one. Price had two trendline bounces (one being a LWC) and I entered right after the break of the bottom of the LWC at 1.3005

120313-eurusdh4

For an exit target I’m looking at an old S&R zone from December, which is between 1.2884 and 1.2872. Of course if I see strong reversal signs I might need to get out sooner.

Phil

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