An excellent short term trade in EUR/USD.
>The moving averages are still in order, meaning the trend has been preserved, despite the deep correction we have just experienced.
>The morning doji star is another bullish sign
>As is the highly oversold nature of the stoch RSI
I plan to enter if the 1.373 mark is breached. The risk is at 1.36457 and reward at 1.3894. The risk reward ratio is 1:2
>The moving averages are still in order, meaning the trend has been preserved, despite the deep correction we have just experienced.
>The morning doji star is another bullish sign
>As is the highly oversold nature of the stoch RSI
I plan to enter if the 1.373 mark is breached. The risk is at 1.36457 and reward at 1.3894. The risk reward ratio is 1:2