EURUSD potential buy zone at 1.13100!
EURUSD is reaching previous lower low at important round number 1.13000 where we could see bounce/reversal or break. I will be looking to buy at 1.13060 with 20-30 pips stop loss in case there is stop hunting in place. This trade should give at least 1:3 to 1:4 risk/reward ratio. In case the 1.13000 is broken i will then look for short opportunity. Good luck.
Trade active
Note
Closed 30% of the position.Note
Closed another 30%Trade closed manually
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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.