#EURUSD Medium Term Forecast
The ABCD pattern on #EURUSD 4 hour chart is now completed and we expect the pair to correct to 50% Fib level. 1.1100 area in #EURUSD has been a very strong support and resistant level in the past couple of months and there is good chance to bounce to this level again in a medium term.
In terms of risk and reward ratio this trade will give you a better than one to two ratio which is an ideal scenario. If you benefit from any #algorithmictrading systems you can set your system to automatically trade long this opportunity until price reaches 1.11 area.
In terms of risk and reward ratio this trade will give you a better than one to two ratio which is an ideal scenario. If you benefit from any #algorithmictrading systems you can set your system to automatically trade long this opportunity until price reaches 1.11 area.
交易進行
After entering this trade last week, we have seen a nice move up in EURUSD on Friday evening. We will move our stop to BE now.交易結束：目標達成
Target for this trade has been triggered before Fed decision. Total 1.7% profit is banked.Thank you for following our trading ideas.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。