EURUSD LONG *** Accidentally posted this analysis under USDJPY The actual Pair is EURUSD
Looking for a retracement on EurUsdto align with the previous market support to form the spring and next bull run. This is a longer-term trade with a deep stop loss of 111 points make sure you know how to calculate risk / Reward 111 pips at .05 is around $55.55 risk for $166.00 reward. Stick with 1% or whatever you're comfortable with. We're already up big this month at around 17% so be smart with risk as it doesn't take a lot of risks to catch something huge and change your whole perspective on trading and money in general. That's why they call me Mr.new money (They done yet but they will lol)
1-2-1 up 17%
