EUR/USD 25/05: Is this a valid buy entry point?
Updated
EURUSD The daily chart shows EUR/USD closing below 1.0775, suggesting further weakness. While there may be some consolidation, the common direction could be downwards. The 100-day simple moving average (SMA) is flat, about to turn bearish, currently hovering around 1.0810, reflecting three bearish weeks.
Expected to have a strong bounce after a series of deep declines
BUY
EURUSD zone 1.0730 - 1.0710 StopLoss: 1.0680
Take Profit 1: 1.0780
Take Profit 2: 1.0830
Note: Install TP, SL full to win the market!
Note
Current entry pointNote
+20pips✅✅Note
Already in the entry pointTrade active
Still following the trend
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