Tradingwithtamil

EURUSD: ON A THROWBACK EXECUTION-BULLISH.

Long
FX:EURUSD   Euro / U.S. Dollar
Hi traders,

With the evidence of throwback from 1.13010, as for now the market printing the price range around 1.15543. Again, for one more time market may execute a throwback setup from the current price range. An Impulse from 1.13955 adding an extra boost for the throwback setup. A proper throwback execution can fetch the quote 1.17422 (i.e) previous resistance.
On the contrary, If the price range continues to built sentiments with the bear, end the trade @1.14762.

SIGNAL SPECIFICATION

Entry: 1.15543

Take profit: 1.17422

Stop loss: 1.14762

Risk Vs Reward: 2.42

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Comment: Price range yet to hit the TP. If you booked a trade on this analysis basis, the price range may hit the Target at any moment.

Trade active: If anyone booked a trade with big lot means, due to risk factors end the trade as per your wish. (Ie) If you willing means, end the trade now itself.

It won't be the loss for you because the trade already made a good profit.

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