Tuesday, June 3, 2014

Should price action for the EURUSD

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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