EURUSD
After a strong down-movement, the price went back, touching again 1.16 level and trading higher than that.
The idea of a short trade here, is to join the downtrend at a convenient price.
A short position at 1.1600, with a stop loss at 1.1650 and a take profit at 1.1500, would give a reward to risk ratio of 2.
After a strong down-movement, the price went back, touching again 1.16 level and trading higher than that.
The idea of a short trade here, is to join the downtrend at a convenient price.
A short position at 1.1600, with a stop loss at 1.1650 and a take profit at 1.1500, would give a reward to risk ratio of 2.
Trade closed: target reached
Take profit reached after less than 48 hours!
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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.
Find out more at itstradingtime.com/
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.