EURUSD: Testing Dow Theory for a 80 Pip move on a long.

Most of the time I use my MA crosses for entry into a trade, and the Fibbo's for TP. Today I am taking a long on EURUSD based purely on Dow Theory. Higher high, and now what I belive to be a higher low, we can go test the resent highs.

LEVELS:
FX:EURUSD
Buy @ 1.15466
SL @ 1.15066
TP @ 1.16266
Trend Analysis

Penafian