Opening buy order @EURUSD
At the beginning of today’s European session I’ve posted a topic “EURUSD hasn’t finished 3rd bullish wave yet”, that scenario is already proved.
The price has retraced more than 50% of length comparing to the previous bullish wave.
The current prie point may be a good deal for buy entry in the market. At EU is already formed just wave (4) of 3, so it’s for sure, that the price is going to rise. Stops for buy orders may be set below 1.3535 and initial target you can set @1.379
One more argument for a buy order is the current position of Stochastics indicator at 30min, 1hour and 4hour charts.
