|Short position on EURUSD
waiting to see price retrace to the supply and demand area and we might have a short setup on EURUSD. I'll be waiting for a signal form price action (multiple wick rejections, pin bars, an engulfing candle ). my SL will be a few pips above the area and my TP target will be the next level of demand identified on my chart providing with a RR ratio of 1:3.
Note
EURUSD short position is active
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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.