EUR/USD Short Setup – Sell from Resistance Zone
Entry 1: 1.1157 (First entry within the sell zone)
Entry 2:. 1.1135 (Second entry at higher resistance)
TP1:1.10450
TP2: 1.09600
Stop Loss (SL): Above 1.1200 to protect against upside risk if price breaks resistance.
Analysis:
Sell Zone Rejection: Price is approaching a key sell zone between 1.1157 and 1.1350, where we expect sellers to push the price down.
Bearish Continuation: After reaching the resistance zone, we anticipate a bearish continuation toward TP1 and TP2.
Risk Management: SL placed above 1.1200 will protect from potential breakout to the upside.
Entry 2:. 1.1135 (Second entry at higher resistance)
TP1:1.10450
TP2: 1.09600
Stop Loss (SL): Above 1.1200 to protect against upside risk if price breaks resistance.
Analysis:
Sell Zone Rejection: Price is approaching a key sell zone between 1.1157 and 1.1350, where we expect sellers to push the price down.
Bearish Continuation: After reaching the resistance zone, we anticipate a bearish continuation toward TP1 and TP2.
Risk Management: SL placed above 1.1200 will protect from potential breakout to the upside.
Trade active
ALL ENTRIES ACTIVE AMD HUGE PROFITS
BOOK 80%, AND HOLD 20% TILL TP1 GETS HIT
Trade closed: target reached
HOLD 20%, SL AT BE, JUST LOOKING FOR TP1 TO HIT TO FULLY CLOSE. NOT PLANNING TO HOLD TILL TP2 as its FRIDAYNote
STRONG REJECTION AGAIN FROM Sell ZONE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.