01.02.202110:23 Forex Analysis & Reviews: Trading idea for EUR/USD

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EUR / USD has been consolidating for the last two weeks, accumulating players' risks along the borders on the chart below.

In fact, the euro has been locked in a triangle, which can trigger two scenarios:

But the most preferable of them is the second one because it has more potential with less risks.

Of course, traders still need to carefully assess the situation before placing any position. Trading is very precarious, but profitable as long as the correct strategy is used.

The plan above follows Price Action and Stop Hunting methods.

Good luck!

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