Long

Grab the long

Updated

USD/EUR about to get some support at 0.895 level as seen with Gann Line and support line. I would take the long at this price and set the stop loss at the levels indicated with green and red box. Our stochastic is at bottom of threshold and price is in oversold position so the conditions are ideal for a rise in price, especially if we see some bullish confirmation on this support line. Set the stop a little below resistance.

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Bam! Close position for a 13 pip profit

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Or you can continue to ride to target.

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20+ pips of profit possible so far today!

MichaelBlach

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