Long opportunity in EURUSD for new highs

25 בדצמ׳ 2017

EURUSD presents a good oppertunity to go long against the green support zone between 1.1730-1.1700. This zone has held the price from going down for about a month now, and also provided support in the past. The target would be above previous high at around 1.21. The optimum entry would be above friday's low at 1.1830 with a stop loss at 1.1680 and take profit at 1.2130 So this setup provide good risk:reward ratio. we are risking 150 pips for a profit of 300 pips.

27 בדצמ׳ 2017

הערה

Price missed the entry point at 1.1830 with about 15 pips and then it rallied hard towards the upside. at 1.1905 right now