FX.co ★ Trading tips for EUR/USD

The previous trading plan in EUR/USD talked about a price increase that follows a three-wave pattern (ABC). This really happened yesterday during the US session, when quotes updated the weekly high of 0.98.

plan:

development:

Congratulations to those who followed the strategy! The pair moved by as much as 1,000 pips.

Traders may now close long positions to get profit.

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.