Price dropped heavily on the EUR/USD yesterday. It has reached a strong support level, and if it holds, then we should have a nice long entry for some quick pips!
Our target range for the long position is:
1.12055 – 1.2500
What Other Traders Are Predicting
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– ENTRY : 1.11273
– STOP : 1.11018
– TAKE : 1.12287
– RR 3.98
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– TREND LINE FROM START OF DOWNTREND TO SUPPORT.
– TESTED IT TWICE BUT GETS KNOCKED DOWN.
– TRADE TO LONG FROM SUPPORT TO 0.618 FIBB
– STOP LOSS FROM PREVIOUS LOW WICK UNDER SUPPORT
Cheers to another successful week!