Are we going to see a breakout on EURUSD?
Yesterday we looked at both entry options on EURUSD
"The first one is the more aggressive one, which means price rejecting the current levels or the sell zone.
You enter once you get a candlestick pattern signal.
The second one requires some patience.
A breakout of previous low will indicate an end to the retracement, therefore a beginning of a new downside move.
Which one to choose is totally up to you - do you want to have a better risk to reward ratio with a little bit more risk, or a confirmed entry with not such a good ratio."
This situation remains the same, and we're now even closer to the support.
However, we don't yet have a breakout and a confirmation of this scenario.
Expect the development today, Wish you all successful trading!
"The first one is the more aggressive one, which means price rejecting the current levels or the sell zone.
You enter once you get a candlestick pattern signal.
The second one requires some patience.
A breakout of previous low will indicate an end to the retracement, therefore a beginning of a new downside move.
Which one to choose is totally up to you - do you want to have a better risk to reward ratio with a little bit more risk, or a confirmed entry with not such a good ratio."
This situation remains the same, and we're now even closer to the support.
However, we don't yet have a breakout and a confirmation of this scenario.
Expect the development today, Wish you all successful trading!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
