garciaohk
Long

EURUSD H1 LONG FORECAST ANALYSIS

OANDA:EURUSD   Euro / U.S. Dollar
BUY LIMIT ENTRY TO PREVIOUS DEMAND LEVEL , MACD SHOWING BULLISH MOMENTUM. UT BIAS IN HIGHER TIME FRAMES. EXPECTING PRICE ACTION TO TRIGGER ORDER.
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S/L: 30 PIPS
R:R 1:2.5
Trade closed: target reached: T/P level reached. Always keep in mind when placing an entry in the market the levels fro S/L and T/P have to be always considered with your strategy.

Let's say if a entry is good but my target is above a key level and the R:R ratio (1:2 min) doesn't fit is better to move on and wait fir the next opportunity.

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