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Forex Signal For EUR/USD: Strong Recovery Expected in Bull Market

Forex Signal For EUR/USD: Strong Recovery Expected in Bull Market Forex Signal For EUR/USD: Strong Recovery Expected in Bull Market

Yazar: Ross Sutton

Yayınlanma: 30 Mayıs 2022 15:31

Güncellenme: 26 Eylül 2024 04:47

Forex Signal For EUR/USD: Strong Recovery Expected in Bull Market

    Forex Signal For EUR/USD: Strong Recovery Expected in Bull Market   We are likely to see an increasingly large trend reversal. The EUR/USD signal prior to May 19 was not triggered as there was no bearish price action when any of the key resistance levels set that day were reached.  

Today's EUR/USD Signals

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

Sales Trade Tip,

 
  • Go sell right after the next touch of $1,0824 followed by 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 hold.
 

Forex Signal For EUR/USD: Strong Recovery Expected in Bull Market

 

Buying Trading Tips

 
  • The next time you hit $1,0745 or $1,0697, go buy right after the bullish price action reversal on the H1 time frame.
  • Place 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 last.
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