Forex Signal For EUR/USD: A Weak Bearish Consolidation

    Forex Signal For EUR/USD: A Weak Bearish Consolidation   Although the Euro is not one of the weaker major currencies, the Dollar is stronger. The previous EUR/USD signal on May 30 was not triggered as the session low was just below the $1,0745 support.  

Today's EUR/USD Signals

 

• The risk is 0,75%.
• Trades can only be made before 17h00 London time today.

 

Sales Business Trades

 

• Sell ​​as soon as a bearish price reversal on the H1 time frame, right after the next hit of $1,0710.
• Place the stop loss 1 pip above the local swing height.
• Move the stop loss even when the trade is 20 pips in profit.
• When the price reaches 50 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For EUR/USD: A Weak Bearish Consolidation

 

Buying Trading Ideas

 

• For the next touch of $1,0631 or $1,0600, immediately watch for a bullish price action reversal on the H1 time frame.
• Place the stop loss 1 pip below the local swing low.
• Move the stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

   

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