UnknownUnicorn483829

EURUSD - Supertrade 11 to 1 with scope to add positions

Long
OANDA:EURUSD   Euro / U.S. Dollar
Hello all - DuncanForex here with another trade idea

After the quick scalp on Friday, price action is cycling higher this afternoon

Multiple ways to trade - on the daily chart - you can enter on the break of the high

I am also looking to enter on the retrace overnight to see if the area I have shown in the picture holds as support and if it does I am in on Buy Limit orders.

This is with a double bottom looking to be printed and confirmed if the 1.1250 area is broken, however I am looking to get in at the bottom of the move and not at the top.

DuncanForex is now live

Head over for lots of content.

Thanks for looking

Duncan
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.