Hey, I am back with another Forex idea, this time looking at EUR/USD.

EUR/USD is trading in range from 1.17500 to 1.8700 for over a month and since we have daily EMA's (20,50) uptrend and 4H EMA's (200,50) uptrend, the most logic thing to do is to Long the bottom!

TP1 is slightly below 1.8100.
I am buying this current dip with a small stop loss.

Good luck with this trade!
Tibor
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DXY on a 5 min chart in rising wedge, this is very important and valuable information as the EXY and EURUSD are at the bottom of the range. imagen
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Still waiting for a buy signal... imagen
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15min chart, Confirmation was given when the price broke from the downtrend line, performed a double bottom but that still wasn't enough, I set a buy at break of 1.17500, currently we are 17 pips up, 40 to go.
imagen
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5 min bullish flag contiunations imagen
Operación activa
Entry at 1.17500
Operación cerrada: precio stop alcanzado
I got out at almost breakeven, my stop loss was set to 1.17488, so -1.2 pips in total + spread.
EUREURUSDeurusdlongForexforexsignalsmajorrangesetupSupport and ResistanceUSD

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