Good Night
Right now, I have noticed that all traders went Long already from 1.1200 area, sure this area is certainly attractive to buy, But always remember there is factor in this market called Market Maker which they are hungry to hit the stop loss of the maximum amount of the Long contracts.
So in my opinion I see the EURUSD going to break the 1.1200 Support Line and drop until 1.1145 then the Long will be available for high reward ratio 4:1
Hope you all the best.
Right now, I have noticed that all traders went Long already from 1.1200 area, sure this area is certainly attractive to buy, But always remember there is factor in this market called Market Maker which they are hungry to hit the stop loss of the maximum amount of the Long contracts.
So in my opinion I see the EURUSD going to break the 1.1200 Support Line and drop until 1.1145 then the Long will be available for high reward ratio 4:1
Hope you all the best.
Comment:
The Fakeout has started already, wait the confirmation then get Long.
Comment:
Now I have noticed a mistake in entry price, the correct one is 1.1130
Trade active:
Trade has activated at 1.1130, I'm Long already but I'm waiting another confirmation to add more Long positions.
Trade active:
EURUSD in the final Accumulation stage, wait a full body Bullish Candle.
Long = 108.760
S.Loss = 1.1100 ( 45 Pips)
T.Profit = 1.1350 (205 Pips)
Long Term entry, First position should be small then we will add more long positions while we are climbing to our target.