The EURUSD pair is nearing a buy zone of strong support at structure levels. After this strong sell-off I expect a bounce to back to my target area.
Comments
Mammon
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great succes! :-)
Mammon
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It's true that bears have taken control of this pair. My buy zone is however in a very strong support area, so I at least expect a bounce from this area to the upside. I'm hedging my buy orders in the buy zone, when the price comes down bigger buys will be triggered to lower my average, the first buy order is placed at the 1.10 line and my last will be at the 1080 line with a stop loss for all orders just underneath the next big support line at 1050.
failathon
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1.10 for resistance?
LevRidge
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dont long eu... only shorts for now.. bearz are very safe at the moment.