At today's London open , In my opinion Eur Usd will bounce from its Resistance at 1.0446
Catch the short trade after the bounce
SL = Above resistance or 1.04600 ( 15 pips )
Target = 1.0307 / 1.0292 ( 150 pips )
Risk : Reward :: 1 : 10 ( Great RR Ratio ,you can bet 5% of your account )
15 pips : 150 pips :: 1 : 10
After completion of V ,,There is ABC correction ahead .
I will keep you informed
Regards
Catch the short trade after the bounce
SL = Above resistance or 1.04600 ( 15 pips )
Target = 1.0307 / 1.0292 ( 150 pips )
Risk : Reward :: 1 : 10 ( Great RR Ratio ,you can bet 5% of your account )
15 pips : 150 pips :: 1 : 10
After completion of V ,,There is ABC correction ahead .
I will keep you informed
Regards
Trade active:
Trade is Active now
Comment:
C is forming in 12345 Enter the short on break out may be at 1.06000 level