Forex Signal For EUR/USD: Very Low Below 1,1588.

    Forex Signal For EUR/USD: Very Low Below 1,1588. After yesterday's strong drop with high volatility, the price will likely continue to decline today. Last Thursday's EUR/USD signal was not triggered because there was no bearish price action when the price first hit the resistance level defined at 1,1717 that day.  

Today's EUR/USD Signals

 

• The risk is 0,75%.
• Trades are only available before 17h00 London time today.

 

Sales Trade Tips

 

• Go short on the next touch of 1,668 or 1,1688 immediately after a bearish price action reversal on the H1 timeframe.
• 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, remove 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For EUR/USD: Very Low Below 1,1588.

 

Buying Trade Tip

 

• Go long immediately on the next touch of 1,1517.
• Use a stop loss of 25 pips.
• Move stop loss even when the trade is 25 pips in profit.
• When the price reaches 25 pips in profit, remove 50% of the position as profit and let the rest of the position last.

 

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