This setup is for more advanced traders....Here is the setup: Buing the EURs on the Dip. Place order Buy at 1.2535, Target: 1.2635, Stop: 1.2500 This trade is for 100 pip setup. Please notice:This setup has more risk and should be used by advanced traders...because stop outs do occur.
Otherwise i recommend the pivot method idea....easy to use and to watch price movement
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Comments
exploration
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Some are reporting on the internet that below 1.2555-60 would bring correction to 1.2530-35, however, downside should be limited to 1.2500 and support at 1.2487 should hold and bring another rise .
exploration
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Price action has hit 1.2557 Its still possable that the dip will hit 1.2535 I am watching this.