20.12.2023 09:53 AMThe trading plan presented on December 18 pointed at an increase in EUR/USD.
As of today, prices have risen significantly, with a brief correction occurring from the level hit last December 15.
In this situation, traders should focus on opening long positions in lower timeframes so as to work out a breakout in the two-week high at 1.10171. Refrain from taking short positions and setting stop-loss beyond 1.10171.
The trading idea follows the framework of the "Price Action" and "Stop Hunting" strategies.
Good luck in trading and don't forget to control the risks! Have a nice day.
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