EUR/USD just show a Buy Signal
Updated
Currency rate broke up key level 1.1533. On the chart we see that the price bounced 4 times from that key level.
There was a fake broke of that level on H4. I think it is a signal for continue of trend.
The reasons why we should open a LONG entry:
1. The price broke up key level. If the price upper key level it is better to open entry for continue because most of the time currency rate continue its trend.
2. Low and predictable risk.
3. Potential profit in 4 and more times bigger.
Buy near: 1.1550
S/L 1.1513
T/P: 1.1738
T/P2: 1.1620
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There was a fake broke of that level on H4. I think it is a signal for continue of trend.
The reasons why we should open a LONG entry:
1. The price broke up key level. If the price upper key level it is better to open entry for continue because most of the time currency rate continue its trend.
2. Low and predictable risk.
3. Potential profit in 4 and more times bigger.
Buy near: 1.1550
S/L 1.1513
T/P: 1.1738
T/P2: 1.1620
P.S. Push like and subscribe if you want to get nonifications about my signals.
Trade active
Note
The price moved 20 pips up. Move S/L to 1.1528
Note
If the price will move up and broke up key level 1.1624 after that we can move stop loss into breakeven and close port of deal. Note
30 pips into our derectionso soon we will be able to move S/L into brekeven
Trade closed: target reached
The price hit T/P2: 1.1620you can close 30 – 50% of position.
Note
Weekly overviewCurrency rate broke up key Zone. 1.1510-1.1550 and D1 close upper it. That was a signal that middle-term trend has changed on bullish. On the chart you see, I opened buy at 1.1554 with goal 1.1736. I think the best option will be to open a Buy after pullbacks.
On next week the price can move to Mirror level 1.1794. Long-term goal for this new trend is 1.2180.
For Short position there is't any safe option
Note
The price moved up 100 pips.Move S/L into breakeven
Note
Move S/L to 1.1660Trade active
I still hold a Long on EUR/USDThe price have bigger chance to move up
I moved S/L to 1.1650
Trade closed manually
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