As can be seen in the chart, the Euro is fluctuating within the trading range on the 15-minute timeframe. We wait for a breakout with a strong candle from either side and enter the trade in the direction of the breakout with a target equal to the width of the trading range and a stop loss behind the breakout candle.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.