Forex Mind Games
Private, 1st Class
- Messages
- 49
EURO BULL TRAIN
After last week's decisive bullish breakout, EURO seems to be on a bullish train. I am expecting EURUSD to do a possible re-test of the pivotal zone 1.2620-50. If price do touch 1.2620-50, it is a good area to place your long positions.
If strong demand is present at 1.2620-50, price should target the next resistance zone of 1.3000. This is a trade which i like to take. Low risk of 30-50pips, and high reward of 200-300pips.
Long near 1.2620-50
Stop loss below 1.2600
Final target profit 1.2980-1.3000
After last week's decisive bullish breakout, EURO seems to be on a bullish train. I am expecting EURUSD to do a possible re-test of the pivotal zone 1.2620-50. If price do touch 1.2620-50, it is a good area to place your long positions.
If strong demand is present at 1.2620-50, price should target the next resistance zone of 1.3000. This is a trade which i like to take. Low risk of 30-50pips, and high reward of 200-300pips.
Long near 1.2620-50
Stop loss below 1.2600
Final target profit 1.2980-1.3000
