EUR/USD might retrace a bit, looking for short-term buys
Hello traders, hope you had a great New Year! Last week I published to
Sell ideas for EUR/USD with entry@1.1120 and TP@1.0940. It was an absolute
jackpot idea as the price exactly hit my target yesterday with 180 pips profit.
(I have attached the previous idea for you to check and verify)
At the moment, we are witnessing the formation of a temporary bottom in EU.
Although, if we look at the daily chart, we can see potential for further downtrend.
So, short-term traders may buy with 1.1020 as target whereas long-term traders
can wait for a pullback before selling further.
Sell ideas for EUR/USD with entry@1.1120 and TP@1.0940. It was an absolute
jackpot idea as the price exactly hit my target yesterday with 180 pips profit.
(I have attached the previous idea for you to check and verify)
At the moment, we are witnessing the formation of a temporary bottom in EU.
Although, if we look at the daily chart, we can see potential for further downtrend.
So, short-term traders may buy with 1.1020 as target whereas long-term traders
can wait for a pullback before selling further.
Comment:
Price action a bit weak now, bought 1 lot@1.0940
Comment:
Our buy has moved in profit, although it is just 13 pips.