POSSIBLE COUNTER-TREND LONG TRADES FOR EURUSD @ 1.1130; 1.0935
Counter-trend trades offer the opportunity to take good positions in established trades.
Two possible areas for counter-trend trades are below. The idea is that price moved so strongly away and there might be a possible move away from there with low risk.
Rally @ 1.1130
EP: ~1.11300
SL: ~1.11100
TP: ~1.12580 (maybe 1.1340)
R/R: at least 7:1
Rally @ 1.0935
EP: ~1.09350
SL: ~1.09100
TP: ~1.14000
R/R: at least 18:1
Two possible areas for counter-trend trades are below. The idea is that price moved so strongly away and there might be a possible move away from there with low risk.
Rally @ 1.1130
EP: ~1.11300
SL: ~1.11100
TP: ~1.12580 (maybe 1.1340)
R/R: at least 7:1
Rally @ 1.0935
EP: ~1.09350
SL: ~1.09100
TP: ~1.14000
R/R: at least 18:1
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