Based on the tight spreads and the strong buy signal, I decided to enter a long position (buying EUR) at the current price of 1.1352. The price of EUR/USD climbs steadily after the breakout, reaching 1.1400 within a few hours. Because the spreads were stable at 1.5 pips, I was able to capture most of the price movement. I decided to close my position at 1.1400, locking in a profit of 48 pips (1.1400 - 1.1352 = 0.0048).
Based on the tight spreads and the strong buy signal, I decided to enter a long position (buying EUR) at the current price of 1.1352. The price of EUR/USD climbs steadily after the breakout, reaching 1.1400 within a few hours. Because the spreads were stable at 1.5 pips, I was able to capture most of the price movement. I decided to close my position at 1.1400, locking in a profit of 48 pips (1.1400 - 1.1352 = 0.0048).
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