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17.03.2023 09:28 AM
Trading tips for EUR/USD

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The trading strategy presented on Thursday seeks to increase the rate of EUR/USD.

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That is exactly what happened yesterday, when the quote tested 1.05650.

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At the moment, the risk-profit ratio is 1:3, with the pair approaching the third resistance, from which a correction could start.

Congratulations to all those who followed the plan! The movement was as much as 1,000 pips.

Traders could close part of the long positions for profit, while the rest could be transferred to "break-even".

The trading idea was based on the "Price Action" and "Stop hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
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