Good morning Traders! Hope all is well! EURUSD has been bouncing up and down between this LOWER TRENDLINE and RESISTANCE for the past couple of days. As the EURO is currently weak it is approaching the lower TRENDLINE which will result to a reversal heading back to the upside in MY ANALYSIS. The plan for the trade will be to look for engulfing candles or pin bars to show rejection of the TRENDLINE, then enter in our long position. REWARD RATIO ----> 1.59 😁. LET'S GET THIS BREAD! 🍞🤑
ENTRY: 1.08066
STOP LOSS: 1.07592
TAKE PROFIT: 1.08820
🛑CAUTION🛑 Trade only what you agree with! If you decide to take this trade it is YOUR TRADE!
💚💙🧡 You can always show your support by liking and following! Much love to all, have a great day traders! 💚💙🧡
ENTRY: 1.08066
STOP LOSS: 1.07592
TAKE PROFIT: 1.08820
🛑CAUTION🛑 Trade only what you agree with! If you decide to take this trade it is YOUR TRADE!
💚💙🧡 You can always show your support by liking and following! Much love to all, have a great day traders! 💚💙🧡
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.