EUR/USD 5 Min Chart Trade

27
Jan

Good morning pipsters. This mornings trade was taken on the EURUSD five minute chart. Noting the trading range on the one hour chart and the rejection of the break out on the one hour chart I was looking for a short on the 5 minute chart. Price broke my trend channel line on the five minute chart and retested it from below. I placed a stop entry order below the bull retest bar and the market traded down to my one percent target. Happy days.

 

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