EURUSD Trading Ideas and Buy Opportunity Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Nov 9, 2018 4:15 AM

EURUSD trading in a rectangular pattern with possible ABCD shape. Picking a buy from dedicated buy zone should yield very good reward.

Entry Zone for buy: 1.1325-1.1336
Stop Loss: 1.1280

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade active

⋅ Nov 11, 2018 2:40 AM

Trade active

⋅ Nov 16, 2018 7:11 PM

Trade active

⋅ Jan 10, 2019 12:44 AM

Trade closed: target reached

⋅ Jan 10, 2019 12:44 AM

First target achieved

Comments

polo974

⋅ Nov 9, 2018 4:23 AM

possible bur DXY too strong for now

Lollo2693

⋅ Nov 9, 2018 3:25 PM

@polo974, Yeah I agree, a retracement can do it but I do not know if it will be so strong. Let's not forget that it will be the third time in three months that the support is reached at 1.30047, this time it could not hold up a dollar so throbbing.