Forex Signal For EUR/USD: Weakly Bearish.

  Forex Signal For EUR/USD: Weakly Bearish. There is a strong support zone above $1,1500. The EUR/USD signal last Thursday was not triggered as there was no bearish price action the first time any of the given resistance levels were reached.  

Today's EUR/USD Signals

 

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

 

Sales Trade Tips

 

• At the next touch of $1,1624, $1,1671 or $1,1688, enter short immediately following a bearish price reversal on the H1 time frame.
• 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: Weakly Bearish.

 

Buying Trading Tips

 

• At the next touch of $1,1564, $1,1536 or $1,1517, enter long immediately following the reversal of the bullish price action on the H1 time frame.
• Place the stoploss 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.

   

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