Condizioni di trading
Strumenti
EUR / USD rolled back as expected, which opens new opportunities to take long positions.
As seen clearly in the chart, there are three wave patterns (ABC), where wave A represents the buying pressure last October 11-19. Following the previously presented plan, traders should buy up to the 61.8% and 50% retracement levels of 1.16 and set stop loss at 1.15550.
Then, close 2/3 of the position on the breakdown of 1.16700.
Close the remaining 1/3 on the breakdown of 1.19000.
Refrain from taking short positions, otherwise, profit may be lost.
This analysis is based on Price Action and Stop Hunting strategies.
Good luck and have a nice trading day!
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.