Expected bearish for the next couple of days once it hits the trendline.
Buy LONG as soon as it hits the 2.5 for a 2.13% in the next week.
I am going in with a micro lot of 0.05 without a stop loss.
If you put stop loss. I would suggest at 2.5000
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...