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Forex Signal For EUR/USD: Slow Recovery From This Year's Low.

Forex Signal For EUR/USD: Slow Recovery From This Year's Low.

Forex Signal For EUR/USD: Slow Recovery From This Year's Low.
Yazar: Ross Sutton

Yayınlanma: 12 Ekim 2021 12:19

Güncellenme: 6 Kasım 2024 06:47

Forex Signal For EUR/USD: Slow Recovery From This Year's Low.

    Forex Signal For EUR/USD: Slow Recovery From This Year's Low.   Today's key point is very likely to be 1,1555. Last Thursday's EUR/USD signal did not trigger as none of the key support and resistance levels specified that day were reached.  

Today's EUR/USD Signals

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

Short Trading Tips for selling transactions

 
  • Short entry as soon as a bearish price action reversal on the H1 time frame with the next touch of 1,1588 or 1,1610.
  • 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: Slow Recovery From This Year's Low.

 

Long Trade Tips for Buyers

 
  • Long entry as soon as a bullish price action reverses on the H1 time frame with the next touch of 1,1555 or 1,1517.
  • 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.
eurusd-12102021  

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