Good day, dear traders! I present to your attention a trading idea for the EURUSD pair.
The basis of the idea is to work out Friday's long initiative, which occurred at the American session at the end of the day. The idea is based on the method of "hunting for stops" and involves working on the continuation of the momentum towards the sellers' stops, which, in my opinion, focused beyond the extremum of last Monday at 1.010300. This is the place of fixing our profit in long positions.
On a smaller timeframe, the green shows the US session:
This morning, news came from China on the imposition of Chinese sanctions against several companies from the United States.
Be careful when trading, especially during the American session - Trump's harsh statements are possible.
