Background: - Bullish reversal candle after breaking below of 50MA support and horizontal support @ 1.068 - There is also bullish divergence formed
Entry: - Buy stop with 20 pips above signal candle high @ 1.071
SL: - Set at 23.6% fib level of the signal candle @ 1.6657
PT: - Set near resistance area at previous swing high and 200MA resistance
Trade fechado: objetivo atingido
Updates - 1 May 2017: - Trade PT on the 24 April's gap up @ 1.081 - Seems like it is on a bullsih frenzy with the gap but would on to further trade on EURO pair until finalisation of the french election on 7 May 2017.
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