RiccardoAnnoni
Long

EURUSD ready to bounce back?

FX:EURUSD   Euro Fx/U.S. Dollar
77 0 1
The 1.145 top was followed by a swift decline in price, piercing the 1.1 support.
Now as you can see the 100SMA flattened on the H1 chart and that can be an aggressive way to BUY EURUSD             betting on a resume of uptrend. Of course you will take care to place a STOP LOSS at a daily close below 1.0825 (100 pips down from the actual price) and target T1=1.11 (sell half position) and T2 = 1.13 or just move stop loss to break even and let it go for the best!

Cheers
Riccardo
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out