#EURUSD Medium Term Forecast
Atualizado
The ABCD pattern on #EURUSD 4 hour chart is now completed and we expect the pair to correct to 50% Fib level. 1.1100 area in #EURUSD has been a very strong support and resistant level in the past couple of months and there is good chance to bounce to this level again in a medium term.
In terms of risk and reward ratio this trade will give you a better than one to two ratio which is an ideal scenario. If you benefit from any #algorithmictrading systems you can set your system to automatically trade long this opportunity until price reaches 1.11 area.
In terms of risk and reward ratio this trade will give you a better than one to two ratio which is an ideal scenario. If you benefit from any #algorithmictrading systems you can set your system to automatically trade long this opportunity until price reaches 1.11 area.
Trade ativo
After entering this trade last week, we have seen a nice move up in EURUSD on Friday evening. We will move our stop to BE now.Trade fechado: objetivo atingido
Target for this trade has been triggered before Fed decision. Total 1.7% profit is banked.Thank you for following our trading ideas.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.