Forex Signal For EUR/USD: A Slow Breakout Is Expected.

    Forex Signal For EUR/USD: A Slow Breakout Is Expected.   The price hit a 19-year low yesterday.  

• The previous EUR/USD signal on August 23 produced a losing short trade from the hourly bearish bar break from the resistance set at $0,9950, but justified identifying $0,9900 that day as a potentially supportive level.

 

Today's EUR/USD Signals

 

• The risk is 0,75%.
• Transactions must be made before 17h00 London time today.

 

Sales Trade Tips

 

• Sell ​​as soon as a downside price reversal on the H1 time frame is reversed on the next tap of $0,9916, $0,9968 or $0,9986.
• Place the stop loss 1 pip above the local swing height.
• Set a stop loss even when the trade is 20 pips in profit.
• When the price reaches 50 pips in profit, remove 50% of the position as profit and let the rest of the position last.

 

Forex Signal For EUR/USD: A Slow Breakout Is Expected.

 

Buying Trading Tips

 

• Buy as soon as the bullish price action reverses on the H1 time frame with the next touch of $0,9800 or $0,9750.
• Put the stop loss 1 pip below the local swing low.
• Set a stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position last.

   

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