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Forex Analysis:::2021-10-19T09:30:40

Trading idea for EUR/USD

Trading idea for EUR/USD

As expected , EUR / USD rose and hit the first target level. This coincides with the plan presented last October 15 , which also stated that euro bulls should push the quote to 1.16500.

Plan:

Trading idea for EUR/USD

Result:

Trading idea for EUR/USD

Congratulations to those who took long positions!

The pair moved by as much as 700 pips. As such, it would be best to close 2/3 of the positions and then hold 1/3 to the second target - 1.19.

Trading idea for EUR/USD

The analysis was based on Price Action and Stop Hunting strategies.

Good luck and have a nice day!

Analyst InstaForex
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