Euro / U.S. DollarShort
EURUSD 1hr
SL 1.0432
TP 1.0245
R:R 1:4
I would wait for the price to reenter the supply zone to open the trade.
Now price action is consolidating but I think the major market structure is on the downtrend with 1.0243 as final target.
My setup is based on support and resistance + 21 EMA. Mostly working on the higher timeframe to cancel all the noise focusing on major movements.
I got 4 max trades with 15% per trade using a leverage of 1:30
TP 1.0245
R:R 1:4
I would wait for the price to reenter the supply zone to open the trade.
Now price action is consolidating but I think the major market structure is on the downtrend with 1.0243 as final target.
My setup is based on support and resistance + 21 EMA. Mostly working on the higher timeframe to cancel all the noise focusing on major movements.
I got 4 max trades with 15% per trade using a leverage of 1:30
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.