LONG TRADE IDEA ON EUR/USD. THE PAIR IS OVERSOLD. THIS TRADE OFFERS A 5:1 R/R. PRICE ACTION BROKE BASE AND PRICE CLOSED ABOVE BASE THEN RETRACED AND PRICE BOUNCED OFF THE SUPPORT LINE.
Note
Trade closed at breakeven.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.