The purpose of this post is to let you know that there will be a very sharp movement on the EURUSD coming soon so that you can also make some profits from it.
For the EURUSD, you can see from the picture below that the EMAs are flat and cluster together which is a sign of consolidation.
Usually after the price consolidate for a period of time, it will burst in one direction which is what we traders should be looking out for. What I suggest you to do is to wait for the price to break in one direction before you enter the trade to ride the breakout
At the time of posting this post, I have entered a BUY trade on the GBPJPY for users of my trade copier and I have shifted the stop loss to breakeven for this trade. Therefore the outcome is either a winning or breakeven trade.
If you are interested to join my trade copier service where my trade will be copied over to your account automatically, you can take a look at the link below
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