Forex Signal For EUR/USD: Price Drops To $1,1260 Area In A Bear Market.

  Forex Signal For EUR/USD: Price Drops To $1,1260 Area In A Bear Market.   The reason why the EUR/USD signal was not triggered last Thursday was that there was no bullish price action when the price first reached the resistance level defined as $1,1315.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• The next touch of $1,1316, $1,1336, $1,1360, or $1,1394 goes right after a bearish price reversal on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set 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: Price Drops To $1,1260 Area In A Bear Market.

 

Buying Trading Tips

 

• Buy immediately after a bullish price action reversal on the H1 time frame with the next touch of $1,1261 or $1,1250
• Put 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, remove 50% of the position as profit and let the rest of the position be driven.

   

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