SIMPLE EURUSD TRADE BASED OFF SUPPORT AND RESISTANCE LEVELS

5 nov 2019

Here is the 4H EURUSD chart. Currently price has found its way down to my 1.06 zone where price recently broke through previous resistance and set that previous resistance as a support zone as shown on my chart. I am expecting a move upwards from this level, up through my ideal entry point and towards my 3 targets. Each trade will be taken with a 0.5% risk if entry requirements are met. If the level is broken the the trades wont be taken.