Looking at EURUSD today. i saw that it was in a zone of strong demand. i think around the 1.09000 area it has good chance of reversing. We are getting squeezed down in this long term downtrend.
You could look for reversal signs around this area and get tight stop loss on a Buy, you can see in multiple times in the past it does find good support around here. Good R:R could come from it. You would look to stack if it breaks out of the trend and retests before a bigger move up, this would be ideal situation, but the swingers among us can buy cheap prices around this area. Risk management as always and wait for that exhaustion in price before entering
You could look for reversal signs around this area and get tight stop loss on a Buy, you can see in multiple times in the past it does find good support around here. Good R:R could come from it. You would look to stack if it breaks out of the trend and retests before a bigger move up, this would be ideal situation, but the swingers among us can buy cheap prices around this area. Risk management as always and wait for that exhaustion in price before entering
fingers crossed watching.
