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Trading tips for EUR/USD

Trading tips for EUR/USD

The latest trading plan for EUR/USD is to lower its price according to the pattern below.

There is a high chance that this will happen, unless wave "A" breaks through 1.077.

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Trading tips for EUR/USD

Given that there is a three-wave pattern (ABC), where wave A represents the selling pressure yesterday, traders can sell from 1.211 up to the 50% retracement level. Set stop loss at 1.06150 and move to breakeven and hold positions in case of the breakdown of 1.05700.

Trading tips for EUR/USD

This strategy is based on the Price Action and Stop Hunting methods.

Good luck and have a nice day!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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