Should price action for the EURUSD remain inside the 1.2930 to 1.2970 zone the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position @ 1.2950
- Take Profit Zone: 1.3660 – 1.3700
- Stop Loss Level: 1.2740
Should price action for the EURUSD breakout above 1.2970 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: 1.3660 – 1.3700
- Stop Loss Level: 1.2740
Should price action for the EURUSD breakdown below 1.2930 the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position @ 1.2920
- Take Profit Zone: 1.2700 – 1.2740
- Stop Loss Level: 1.3030
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