Forex Signal For EUR/USD: Strong Bearish Breakout.

  Forex Signal For EUR/USD: Strong Bearish Breakout. Last Thursday's EUR/USD signal lost a long-term trade from the bullish bounce at the support level set at $1,1536.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• Go short as soon as a bearish price reversal on the H1 time frame is reversed on the next touchdown of $1,1467, $1,1513 or $1,1563.
• 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: Strong Bearish Breakout.

 

Buying Trade Tip

 

• Immediately follow a bullish price action reversal on the H1 time frame with the next touch of $1,394.
• 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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