Short

EURUSD Short

Updated

Euro claiming back 200 MA ( 1h TF ) after some end of quarter squaring and Q1 lows bounce, time to load shorts for an easy 1:2 ( First setup 0.50 % Risk ) or 1:3 RR ( Second Setup 1% Risk ).

Narrative stays the same, Risk Off into Q4.

US Core PCE Price Index | Data coming shortly pre NY session.

Note

TP1 hit (1:1 RR) | +50 pips ✅

0.50% Risk taken on this setup initially, close 50% of the position (+0.25% ROI), let 0.25% running.

Now PA either hits SL for a breakeven trade (+0.00% ROI) or TP2 for a win (+0.75% ROI overall)

Note

Trade still valid, currently +80 pips in profit.

If you are in, you may want to reduce exposure, and move SL to BE near last swing highs - 1.0620 .

Trade closed: target reached

TP2 hit (1:2 RR) ✅

0.50% Risk taken on this setup initially, closed 50% on TP1 (+0.25% ROI), closed the remainder of the position now at TP2 (+0.50% ROI).

Result: +100 pips | +0.75%

SIT_FX

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