Hello Traders, First take a look at my previous analyses about EURUSD EURUSD after breaking its upward channel entered a downward phase. the price has lost the starting rising wave area (a). but before the price can go under level 0.99 in bigger timeframes, it can reach some higher levels first and then start a new descending trend.
The optimal entry point for a long position is from now until the price is in the yellow box.
If the price rises and reaches the risk-free level, you can risk-free the position.
TP 1 and 2 are on the chart.
The optimum stop-loss area is on the chart.
Please share ideas and leave a comment, let me know what's your idea. CrazyS
Trade closed: target reached
TP1 reached
Trade closed: target reached
Just take a look at the chart and TP1-2 TP2 reached.😎
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