I'm keeping a close eye on EUR/USD. Currently, I'm waiting for a potential stop-loss hunting move around 1.07008. If the price dips to this level and shows signs of reversal, I'll be looking to enter a buy position.
My strategy involves waiting for the price to move upside after hitting my anticipated stop-loss hunting level. Once it starts to retest higher levels, indicating potential upward momentum, I'll consider entering a buy position.
To manage risk, I'll use a trailing stop-loss to protect my position in case the market turns against me.
My strategy involves waiting for the price to move upside after hitting my anticipated stop-loss hunting level. Once it starts to retest higher levels, indicating potential upward momentum, I'll consider entering a buy position.
To manage risk, I'll use a trailing stop-loss to protect my position in case the market turns against me.
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