EUR/USD Cup and Handle?

EURUSD Cup and Handle?

• Potential Long as cup and handle begins to form on the EUR/USD
  
• Awaiting confirmation on the handle to confirm the 38.2% retracement levels.
  
• Risk to reward ratio 1:4
  
• Entry: 1.20, Stop Loss: 1.19 Target Profit: 1.23
  
  

Note if the handle breaks 38.2% retracement then the trade is invalidated.