PlatinumUniversity

EURUSD - Long position after the fake out - 4:1 risk to reward

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD is sweeping April lows after a fake-out of yearly lows. Price action wicked out again on the 4h & recovered quickly after getting filled.

I am expecting the price to move up from here, stops are at the previous wick.

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