Signals For 03 June 2014
Should price action for the EURUSD remain inside the 1.3590 to 1.3630 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1.3600
Take Profit Zone: 1.3880 – 1.3920
Stop Loss Level: 1.3480
Should price action for the EURUSD breakout above 1.3630 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ Retracements in the trend; buy orders during dips
Take Profit Zone: 1.3880 – 1.3920
Stop Loss Level: 1.3480
Should price action for the EURUSD breakdown below 1.3590 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1.3570
Take Profit Zone: 1.3450 – 1.3480
Stop Loss Level: 1.3640
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