EUR/USD made 2 waves up from 1.1520 to 1.1826.
From this moment price can make a retest of Key Buy Level 1.1520. I opened Sell position at 1.1822 with goal 1.1621.
You can do the same, because in most situations price make a retest of key levels, before it turn middle — term trend.
Everything will change if price break up 1.1826 and H1 close upper it. That would be a signal for long till 1.1988 or 1.2140
THE BEST OPTION FOR OPEN POSITION WILL BE AFTER Pullback TO KEY BUY LEVEL 1.1520
From this moment price can make a retest of Key Buy Level 1.1520. I opened Sell position at 1.1822 with goal 1.1621.
You can do the same, because in most situations price make a retest of key levels, before it turn middle — term trend.
Everything will change if price break up 1.1826 and H1 close upper it. That would be a signal for long till 1.1988 or 1.2140
THE BEST OPTION FOR OPEN POSITION WILL BE AFTER Pullback TO KEY BUY LEVEL 1.1520
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We can open safe buy in 2 situations:
1. Price will make a pull Beak to 1.1750. S/L in that case will be under 1.1720.
2. Price will break Up key level 1.1839 and H1 close upper it. For this situation the best S/L will be under 1.1829.
Goal for both Scenario is: 1.1990