Last night
the daily EUR/USD candlestick closed forming a doji. Between that, the strong
support at 1.3330 and what I think looks like a very well-formed double bottom,
I think I should start buying. I will place stop loss below the support at
1.3330 and take profit at 1.3400. Depending on how the situation develops I
might move the take profit even higher. I should, I think, at the very least
make use of that rather obvious range that has formed. Trading range is not
something I do very often, but I have decided to give it a try today.
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