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stamoyo
Apr 17, 2018 11:31 AM

EUR/USD Plausible price action Long

EURO / U.S. DOLLARICE

Description

A great uptrend is about to begin its last upside move until the next big retrace. The RSI is slightly above 50 points. 23.6% is a god target, though, 38% should be considered as well. It is final bounce could reach 38-50% but I am quite sceptical about this scenario. The RISK/REWARD ratio seems awesome since the stop loss target is right beneath the entry level.
*Disclaimer: this is for educational purposes only*
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