Forex Signal For EUR/USD: Euro Consolidation Support Above $1,1317.

    Forex Signal For EUR/USD: Euro Consolidation Support Above $1,1317.   As is known, the Euro is a relatively weak currency. The reason the EUR/USD signal did not trigger yesterday is that there was no bearish price action when the price first reached the support levels defined as $1,1387 or $1,1352.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• Sell ​​immediately after a bearish price reversal on the H1 time frame on the next touch of $1,1352 or $1,1387.
• 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 20 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 Support Above $1,1317.

 

Buying Trading Tips

 

• Continue long after a bullish price action reversal on the H1 time frame immediately on the next touch of $1,1317, $1,1261, $1,1250, $1,1229.
• 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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