Forex Signal For EUR/USD: Bearish Channel Continues

  Forex Signal For EUR/USD: Bearish Channel Continues   The new support level being 1,1800 remains very important today. Last Thursday, the EUR/USD signals were seen with a losing buy tip at 1,1786 and a winning sell tip at 1,1823.  

Today's EUR/USD Signals

 

• The risk is 0,75 %.

 

• Transactions must only be made before 17:00 London time today.

 

Sales Trading Tips

 

• Go sell on the next touch of 1,1823 or 1,1850 and after a bearish price reversal on the H1 time frame.
• Place the stop loss 1 pip above its local high.
• Leave the stop loss active even when the trade is 20 pips in profit.
• When the trade reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position active.

Forex Signal For EUR/USD: Bearish Channel Continues

 

Buy Trading Tips

• Enter a buy at the next touch of 1,1798 or 1,1783, 1,1754, 1,1733 and the reversal of the bullish price action on the H1 time frame.
• Put the stop loss 1 pip below the local low swing.
• Leave the stop loss active even when you are 20 pips profit in the trade.
• When the trade reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position in the trade.

 

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