Forex Signal For EUR/USD: Fluctuating Trends in the Parity

    Forex Signal For EUR/USD: Fluctuating Trends in the Parity The euro is in a relatively good position against the stronger dollar The previous EUR/USD signal was not triggered as there was no bearish price action when the price first reached the resistance level set at $1,0545.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tip

 

• Right after the next touch of $1,0540, go into a sell position as soon as a bearish price reversal on the H1 time frame reverses.
• 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 50 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For EUR/USD: Fluctuating Trends in the Parity

 

Buying Trading Tips

 

• On the next touch of $1,0457 or $1,0391, immediately follow the reversal of the bullish price action on the H1 time frame and go buy.
• 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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