EUR/USD 2B Buy set up

February 20th, 2009 | Tags:

eurusd-2b2

Another good example of our favorite 2B set up. EUR/USD makes new low @ 1.2557. At the same time CCI is below 110 and shows oversold market. We place a buy stop order above the previous low @ 1.2568 and a protective stop loss @ 1.2554. A nice profit of 80 pips could be made.

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