EURUSD 2:1 Long Setup

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EURUSD 2:1 Long SetupEUR/USDOANDA:EURUSDThinkFastTradesEuro is breaking out from a bowled trading range that appears to be a compressive, accumulative range. The fast gap down (look closely to see it is a gap), then fast recovery, is a liquidity sweep of support and quick reclaim to recover the trend. Increased volatility and the sweep are both strong bullish signals that this trend may continue up to the next liquidity pool at resistance. Since liquidity has been swept at support, that will be my risk area and point of invalidation. If price moves below there, then momentum is lost. This generates a 2:1 risk reward trade. Entry: Current Price Take Profit: $1.208 Stop Loss: $1.167 Not advice