TradingView
stamoyo
Apr 24, 2018 9:23 PM

EUR/USD Plausible price action Long

Euro Fx/U.S. DollarFXCM

Description

Slight rsi/price divergence might get the price lower. We have a very good situation to either buy or sell with rewards of more than 2.5 times the risk. In theory, if we have a risk:reward ratio of 1:2.5 we might buy and sell in the same time and profit without being concerned about the direction of the price. The pair is into a sideways pattern but that will not last forever.
*Disclaimer: this is for educational purposes only*
More