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FX.co ★ EUR/USD - the quotes have reached the value 1.12 so take profit!

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Forex Analysis:::2020-06-19T06:27:07

EUR/USD - the quotes have reached the value 1.12 so take profit!

EUR/USD - the quotes have reached the value 1.12 so take profit!

Good afternoon traders! Congratulations to those who followed our trading idea on June 17 , which was to open short positions on the EUR / USD pair.

Stop Hunting strategy was used to locate buyers' stops at the level of 1.12

Plan:

EUR/USD - the quotes have reached the value 1.12 so take profit!

A short initiative with a 50% pullback occurred in the chart:

EUR/USD - the quotes have reached the value 1.12 so take profit!

Result:

EUR/USD - the quotes have reached the value 1.12 so take profit!

Congratulations! The movement amounted to about 1,000 pips.

Good luck in trading and make sure to control the risks!

Analyst InstaForex
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