FX.co ★ Trading idea for EUR/USD

The sluggish growth this past four days led to buyers being trapped behind 1.18600. As a result, the volume of long positions decreased, which means that now is the best time to work for a decline in EUR / USD.

Therefore, enter short positions in the market and place sell limits behind yesterday's level. Then, take profit as soon as the price breaks through 1.18600.

This plan follows the Price Action and Stop Hunting strategies.

Good luck!