EURUSD: Trading like this today can be profitable

8 Mar 2023

Yesterday's trading saw all three take-profit points hit, and the current market is now at a crucial support level. After yesterday's sharp decline, the market needs some time to consolidate before resuming the game.

For today's trading, we will first go long at the lower levels and then formulate a new strategy based on the situation after rebounding to the resistance level.

I have marked the trading points on the chart, and I appreciate everyone's attention and support.

Wish you a pleasant day!

8 Mar 2023

İşlem aktif

EURUSD is approaching its take-profit level after rising. You may choose to take profits and wait for further developments.

8 Mar 2023

Not

After profit-taking and a subsequent drop, if you still want to continue trading today, you can consider re-entering long positions near 1.054.