The EURUSD approaching a strong resistance zone.
In an hour time frame the chart printing signals in a sideways.
on a close look from 1.16376 the market moving in a sideways.
At 1.18258 market forms a solid impulse and turned the trend to down (shown in the graph).
This impulse made a huge impact on the market. By its impact, the chart printing the signals on sideways.
After that, the market moving in the closed resistance and support zone as a correction for that impulse. (shown in the graph).
Currently, the market stick at 1.15812 in a closed consolidation.
Now we have a chance for two possibilities.
In consolidation, already there is an impulse printed. (shown in the graph)
By that fact as a reaction, I will expect a small impulse for short time trade. The jump may up-to 1.16451
or else it will continue to move in sideways. In that case, end the trade at 1.15307
Eyes on the chart and decide our trade.
SIGNAL SPECIFICATION:
Pair: EURUSD
Order: BUY
Entry: 1.15812
Take profit: 1.16457
Stop loss: 1.15307
Risk Vs Reward: 1.4
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
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