Forex Signal For EUR/USD: Bullish Consolidation Above $1,1305

  Forex Signal For EUR/USD: Bullish Consolidation Above $1,1305   The euro has held quite well in the current fearful market environment. Last Thursday's EUR/USD signal was not triggered as none of the key support or resistance levels set that day were reached during the London session.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• The next touch of $1,1394 or $1,1456 is immediately followed by 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, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For EUR/USD: Bullish Consolidation Above $1,1305

 

Buying Trading Tips

 

• For the next touchdown of $1,1305 or $1,1251, immediately watch the bullish price action reversal 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.

   

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