Back to EURUSD..
Upward trend line on daily chart is providing support: because of recent pullback, this could be a good opportunity to enter a LONG trade.
Risk/Reward ratio could be better, so I'd stay conservative on position size.
This is my trade with EURUSD:
Entered 10X @ 1.232
SL @ 1.219 (inside resistance area)
Target @ 1.253 (below recent highs)
Upward trend line on daily chart is providing support: because of recent pullback, this could be a good opportunity to enter a LONG trade.
Risk/Reward ratio could be better, so I'd stay conservative on position size.
This is my trade with EURUSD:
Entered 10X @ 1.232
SL @ 1.219 (inside resistance area)
Target @ 1.253 (below recent highs)
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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.
Related publications
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.