Forex Signal For EUR/USD: Consolidation Continues.

    Forex Signal For EUR/USD: Consolidation Continues. The reason why the EUR/USD signal from last Thursday was not triggered is because there was no bullish action once the price reached the first support level at $1,1301.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• Go short on the next touch of $1,1302, $1,1307 or $1,1327 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, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For EUR/USD: Consolidation Continues.

 

Buying Trading Tips

 

• For the next touch of $1,1267 or $1,1229, immediately follow 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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