the EURUSD pair in 1H time frame shows no divergence and therefore strengthens the continuation of a bullish pattern through a formation of bullish flag. This provides an opportunity to long the pair
Strategy:
1) As per risk/reward ratio of 1:1, the calculated lot size is 0.04
2) Entered Buy trade by putting buy stop at 1.09377
3) To manage risk, I put stop loss at 1.07049
4) I will take profit for the first trade at 1.11709
DIsclaimer: Please manage your risk at all time. This is not an investment advice.
Strategy:
1) As per risk/reward ratio of 1:1, the calculated lot size is 0.04
2) Entered Buy trade by putting buy stop at 1.09377
3) To manage risk, I put stop loss at 1.07049
4) I will take profit for the first trade at 1.11709
DIsclaimer: Please manage your risk at all time. This is not an investment advice.