EURUSD Has reached a significant support at 1.04. This is now at an accumulation phase, and next it will move to 1.08 by Oct 2022, before it revisits the support of1.04 again.
A good trade setup is to buy at 1.04 with TP at 1.08 and SL at 1.02 (2:1 Reward / Risk ratio). and then sell at 1.08 with a TP at 1.05 and SL at 1.10
A good trade setup is to buy at 1.04 with TP at 1.08 and SL at 1.02 (2:1 Reward / Risk ratio). and then sell at 1.08 with a TP at 1.05 and SL at 1.10