pappidel

EURUSD 08/30/2020

Long
FX:EURUSD   Euro / U.S. Dollar
I'm placing a buy stop order at 1.17867 because I believe buyers will break the Resistance level at this Supply area and continue the Uptrend up to 1.19384 which is my Take Profit 1 and 1.20868 as my Take Profit 2 with a 2:1 RR. Thus, placing my Stop Loss at 1.16768... Be careful taking this trade as major news events tomorrow may influence the price of USD to rise and form a new trend against our trade.

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