EUR / USD on yesterday trading session (29/05) again decreased as we predicted. Opens at 1.1621 and closes at 1.1536 breaks past 1.1555 support level.
However, we can see that the current EUR / USD has started to rise from the opening level this morning 1.1536, and immediately shot up to 100 pips. This indicates that most likely uptrend has really started from this level.
We can know that the current EUR / USD has started to rise from the level of demand 1.1576 s / d 1.1510 newly formed.
We can take the chance of a buy entry at a time of small consolidation, or at the moment of the retracement to that level of demand, with a stop loss below the 1.1500 round number.
For the profit target, of course we will not set the target first, because the profit opportunity is still very far, and may be able to get RRR more than 1:10 and this is really a rare opportunity if the trend really turned around.