EURUSD took a sudden dive of 130 pips in less than 12 hours. The Bear are definitely strong on this charge. However, the drop is strong, sudden and fast. Usually, this kind of surge does not last long and a retracement is in order.  This is Reversal Trend Strategy and it's not for the faint of hearts. According to our Super Forex Launcher Indicator, a reversal might just be around the corner and it's about right now.`

After the big drop, we finally see a hint of Bull revival in the Green Bar. So here's what we will do... we will wait for the Bulls to come alive a little more and we will place a Buy Stop Order.

• Buy Stop Order: 1.12031
• Stop Loss: 1.11756
• Take Profit: 1.12514

If the Bulls do come back alive even temporarily, then our Buy Stop Order will be triggered and we will have our TP target on the next resistance level. Be sure to always enter your Stop Loss on Trend Reversals because we are trading against the trend. Better be safe than sorry. I wish you well in this trade. Comment below if you have questions. The Secret Strategy used by Legendary Traders