Short trade

Updated
snapshot
15min TF entry


Pair EURUSD
Sellside trade
Wed 15th Jan 24
9.15 am

Entry 1.03303
Profit level 1.03011 (0.28%)
Stop level 1.03462 (0.15%)
RR 1.84

Reason: The price seems overextended at this time. I assume a retracement is on the cards to balance out the price range, then pursue back to the upward momentum with the trend thereafter.
Trade active
snapshot


Stop level moved (0.5%)
Trade closed: target reached
snapshot
Candlestick AnalysisMultiple Time Frame AnalysisSupply and Demand

Disclaimer