Counter-Trend Trading Opportunity
EURUSD is currently experiencing a bearish trend, but for those who are counter-trend traders, there may be an opportunity to buy at the AB=CD pattern completion at 1.0602.
It is important to wait for confirmation from a magic candle confirmation before executing this strategy.
The initial stop-loss should be set at 1.0562 (-40pips) or -400 USD/lot.
Our first target should be set at 1.0668(+66pips) or +660 USD/lot.
Before making any trades, it's critical to do your own analysis and follow your trade plan.
As always, it's essential to approach investment opportunities with care and caution. But if you're ready to take a calculated risk, this could be an exciting opportunity for you. Happy trading!
It is important to wait for confirmation from a magic candle confirmation before executing this strategy.
The initial stop-loss should be set at 1.0562 (-40pips) or -400 USD/lot.
Our first target should be set at 1.0668(+66pips) or +660 USD/lot.
Before making any trades, it's critical to do your own analysis and follow your trade plan.
As always, it's essential to approach investment opportunities with care and caution. But if you're ready to take a calculated risk, this could be an exciting opportunity for you. Happy trading!
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