Possible Buy Set-up for EURUSD
Possible buy for EURUSD
- Recently hit long term support trend line (long bias)
- Moving within parallel trend line channel and hit support zone (long bias)
- Bounced support trend line at least 3 times (validates long bias)
- Also hit local horizontal support zone (long bias)
- Price also moving slowly above both 200 EMA and 50 EMA (long bias)
Stop loss set at 20 pips and Take profit set at 100 pips.
- Recently hit long term support trend line (long bias)
- Moving within parallel trend line channel and hit support zone (long bias)
- Bounced support trend line at least 3 times (validates long bias)
- Also hit local horizontal support zone (long bias)
- Price also moving slowly above both 200 EMA and 50 EMA (long bias)
Stop loss set at 20 pips and Take profit set at 100 pips.
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