Should price action for the EURUSD remain inside the 1.3550 to 1.3590 zone the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position @ 1.3570
- Take Profit Zone: 1.3890 – 1.3930
- Stop Loss Level: 1.3440
Should price action for the EURUSD breakout above 1.3590 the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position @ Retracements in the trend; buy orders during dips
- Take Profit Zone: 1.3890 – 1.3930
- Stop Loss Level: 1.3440
Should price action for the EURUSD breakdown below 1.3550 the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position @ 1.3540
- Take Profit Zone: 1.3380 – 1.3420
- Stop Loss Level: 1.3600
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