$EURUSD: Still selling off from yesterday’s spike to above $1.0350. Forex Signals
Go short following a bearish price action reversal on the H1 timeframe immediately upon the next touch of $1.0211 or $1.0245.Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 50 pips in profit and leave the remainder of the position to run.Go long following a bullish price action reversal on the H1 timeframe immediately upon the next touch of $1.0073, $1.0042, or $1.0000.Move the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to run. The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a
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