YourLazyTrader

EURUSD Trading Plan: Buying the dips

Long
FX:EURUSD   Euro / U.S. Dollar
After almost 6 weeks of downtrend, it seems the bearish move in EURUSD is coming to an end.
Yesterday's daily candle closed with a nice bullish pattern which could be a piece of good news for the buyers.

I have already started buying the dips on EURUSD.

My plan is to keep buying with small lot sizes between 1.0080 to 1.0910 with SL below 1.07.
I will look to take profit at 1.1050 and 1.1250 respectively.
This will take at least 3-4 weeks to happen as EURUSD's movement is quite slow for the last 2 years.
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