Trade idea on EurUsd(4Hrs)

20 בינו׳ 2020

EurUSD on 4hrs is currently on a supports/resistance parameters and therefore pose a great opportunity for either a buy/sell.. So therefore wait for any breakouts i.e if the market breaks 1.11150 its a very safe buy to 1.11600 And if market breaks 1.10700 its a very safe sell to 1.10100 Otherwise stay out at consolidation(ranging) points OR once the trades breaks the light blue rectangular shades, Buy if top is broken, sell if bottom is broken and apply stop loss @opposites ends... Also apply proper risk management and set your buystop/sellstops respectively to the mentioned breakouts mp. Goodluck!! Please comment and share your ideas too on this particular pair. thanks!