EURUSD Channel Bounce Short
Updated
Heading to the downside with this trade.
EURUSD has bounced off of the channel's top and is heading downward. I've set my stop extremely tight, so it is very easy to know when I'm wrong or right.
The 15x profit target is a bit ambitious, but considering the current channel, it isn't unrealistic.
EURUSD has bounced off of the channel's top and is heading downward. I've set my stop extremely tight, so it is very easy to know when I'm wrong or right.
The 15x profit target is a bit ambitious, but considering the current channel, it isn't unrealistic.
Trade closed: stop reached
The stop was a bit too aggressive on this. I will monitor it and re-enter if necessary.
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