Forex Signal For EUR/USD: Bear Market Holds Below 1,1818.

  Forex Signal For EUR/USD: Bear Market Holds Below 1,1818.   The medium-term trend is down. The EUR/USD signal last Thursday did not trigger as there was no proper price action when the nearby support and resistance levels were first reached that day.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• On the next touch of 1,1818, 1,1850 or 1,1857, go short 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 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.

 

Forex Signal For EUR/USD: Bear Market Holds Below 1,1818.

Buying Trading Tips

 

• The next time you hit 1,1779 or 1,1783, immediately follow the bullish price action reversal on the H1 time frame.
• Place the stop-loss 1 pip below the local swing low.
• Set 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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