See also
13.09.2023 09:12 AM
The upward momentum observed in EUR/USD during yesterday's US session confirms seller liquidity at the mirror level of 1.07700. This, along with today's inflation data in the US, may prompt another increase in the pair.
Looking at the three-wave pattern (ABC), where wave A represents yesterday's bullish movement, traders could open long positions with stop-loss palced at 1.07070 and take-profit set on the breakdown of 1.07700.
This trading idea follows the framework of the "Price Action" and "Stop Hunting" strategies.
Good luck in trading and don't forget to control the risks! Have a nice day.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
