EUR/USD: USD looking to regain ground.
Go short following a bearish price action reversal on the H1 timeframe immediately upon the next touch of $1.0545 or $1.0600.Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 50 pips in profit and leave the remainder of the position to run.Go long following a bullish price action reversal on the H1 timeframe immediately upon the next touch of $1.0457 or $1.0426.Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to run. The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
EUR/USD Forex Signal: Euro Rebound LikelyThe EUR/USD price retreated as the strength of the US dollar continued following last week\u2019s Federal Reserve interest rate decision.
Les mer »
AUD/USD Forex Signal: Ripe for a Bearish Move to 0.6850The AUD/USD price retreated as the dollar strength continued as worries about a global recession continued.
Les mer »
BTC/USD Forex Signal: BTC Crash Sees No End as it FallsThe BTC/USD pair crash continued during the weekend as sentiment in the cryptocurrency industry waned.
Les mer »
GBP/USD Forex Signal: Evenly BalancedThe price is likely to turn bearish again eventually.
Les mer »
EUR/USD Forex Signal: Euro Rebound LikelyThe EUR/USD price retreated as the strength of the US dollar continued following last week\u2019s Federal Reserve interest rate decision.
Les mer »
EUR/USD: Recovery remains capped below 1.0550, focus shifts to PowellEUR/USD is preserving most of Monday’s gains, consolidating below 1.0550 so far this Tuesday. Risk sentiment remains in a firmer spot, weighing negati
Les mer »