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Forex Signal For EUR/USD: Wide Consolidation Underway

Forex Signal For EUR/USD: Wide Consolidation Underway Forex Signal For EUR/USD: Wide Consolidation Underway

Forex Signal For EUR/USD: Wide Consolidation Underway
Yazar: Ross Sutton

Yayınlanma: 4 Ağustos 2022 16:35

Güncellenme: 27 Mart 2024 14:46

Forex Signal For EUR/USD: Wide Consolidation Underway

    Forex Signal For EUR/USD: Wide Consolidation Underway   Significant sell close to $1,0300.  
  • The previous EUR/USD signal on July 18 was not triggered because there was no bearish price action when the key resistance level of $1,0121 was first reached.
 

Today's EUR/USD Signals

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

Sales Trade Tip

 
  • Sell ​​on the next touch of $1,0211 or $1,0245, immediately after a bearish price reversal on the H1 time frame.
  • 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: Wide Consolidation Underway

 

Buying Trading Tips

 
  • In the next touch of $1,0073, $1,0042 or $1,0000, 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.
  eurusd_04082022  

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