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 Trading Signals Manual

Trading Signal - 22 / 07 / 2020 - 16:00 (GMT +3)


Instrument: EURUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1.1579

Change 0.39 %

Current 1.1579

52 Week High 1.1592

52 Week Low 1.0658

30 Days ATR 0.0071

40 Weeks ATR 0.0140

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

1.1530 1.1610
60min
The TP2 (1.1580) has been reached. We closed BUY - -
CHART
1.1500 1.1635 the remaining 50% of our position and now we are
· Upwards
looking for the next opportunity to enter the market. Trade P. TP1 TP2
Next 3 Days Strong
· 1.1450 1.1670

Neutral Medium - 1.1580

Position Entry SL

240min 1.1490 1.1610


CHART Waiting for a retracement lower towards the BUY - -
· 1.1440 1.1670 1.1490 support level, in order to reinstate LONG
Upwards
Next 3 positions. Trade P. TP1 TP2
Strong
Weeks 1.1360 1.1770
·
Overbought 2 - - -

Position Entry SL

Daily 1.1430 1.1670 The TP1 has been reached. We closed 50% of our
CHART position and have moved the Stop loss at the lock LONG 1.1430 1.1430
· 1.1280 1.1820 in profits level (1.1430). Provided the market
Next 3 Upwards
conditions will remain the same the TP2 will be Trade P. TP1 TP2
Strong
Months 1.1000 1.2030 reached soon.
·
Overbought 1 Medium 1.1570 1.1820
Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence
of investment research.

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