Forex Signal For EUR/USD: Euro Consolidation Stays Below $1,0545.

    Forex Signal For EUR/USD: Euro Consolidation Stays Below $1,0545.   Price action is slightly bearish and the US Dollar is seen to rise. However, it is said that this could easily be reversed as the London session continues. The previous EUR/USD signal on June 9 produced a highly profitable short trade as the descending trendline was rejected around $1,0800.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• Sell ​​as soon as a bearish price reversal on the H1 time frame reverses, right after the next touch of $1,0545 or $1,0600.
• Place the stop loss 1 pip above the local swing height.
• Move 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: Euro Consolidation Stays Below $1,0545.

 

Buying Trading Tips

 

• In the next touch of $1,0457 or $1,0426, immediately buy as soon as the bullish price action reverses on the H1 time frame.
• Place the stop loss 1 pip below the local swing low.
• Move 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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