#EURUSD Medium Term Forecast

28 thg 10, 2016

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 two ratio which is an ideal scenario. If you benefit from any #algorithmictrading systems you can set your system to automatically trade long this opportunity until price reaches 1.11 area.

31 thg 10, 2016

Giao dịch đang hoạt động

After entering this trade last week, we have seen a nice move up in EURUSD on Friday evening. We will move our stop to BE now.

2 thg 11, 2016

Đóng lệnh: đạt mục tiêu

Target for this trade has been triggered before Fed decision. Total 1.7% profit is banked.

Thank you for following our trading ideas.