The EUR/USD is in a freefall after breaking below midweek value. Now the 1.1400 handle is coming into play.
Here's a potential countertrend scalp:
1) Limit buy @ 1.1401
2) Stop loss @ 1.1394
3) 1:1 risk-reward, looking for 7 pips profit
This is a risky play as the EUR/USD downtrend is strong. Keep stops tight and leverage in check!
Here's a potential countertrend scalp:
1) Limit buy @ 1.1401
2) Stop loss @ 1.1394
3) 1:1 risk-reward, looking for 7 pips profit
This is a risky play as the EUR/USD downtrend is strong. Keep stops tight and leverage in check!