Trade Outlook for EURUSD:
Trade Idea: Short EURUSD
Trade Call Type: Short (Sell)
Currency Pair: EURUSD (Euro / US Dollar)
Entry Rules:
Entry 1: 1.11991
Entry 2: 1.12263
Entry on Resistance
Bearish Channel
Take Profit Levels:
Take Profit 1: 1.11741
Take Profit 2: 1.11484
Stop Loss:
1.12468
Risk-Reward Ratio (RRR) and Risk per Trade:
Entry 1: RRR 1:1.07, Risk 0.75%
Entry 2: RRR 1:3.80, Risk 0.50%
Trade Analysis:
The trade idea suggests a short (sell) position on EURUSD. The entry points are based on the resistance level and the bearish channel, indicating potential downward movement in the price.
Trade Idea: Short EURUSD
Trade Call Type: Short (Sell)
Currency Pair: EURUSD (Euro / US Dollar)
Entry Rules:
Entry 1: 1.11991
Entry 2: 1.12263
Entry on Resistance
Bearish Channel
Take Profit Levels:
Take Profit 1: 1.11741
Take Profit 2: 1.11484
Stop Loss:
1.12468
Risk-Reward Ratio (RRR) and Risk per Trade:
Entry 1: RRR 1:1.07, Risk 0.75%
Entry 2: RRR 1:3.80, Risk 0.50%
Trade Analysis:
The trade idea suggests a short (sell) position on EURUSD. The entry points are based on the resistance level and the bearish channel, indicating potential downward movement in the price.
"London-Based Trader | Certified Technical Analyst | Intraday & Scalping Specialist 📈📊 #Forex #Commodities #Indices #Crypto"
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.
"London-Based Trader | Certified Technical Analyst | Intraday & Scalping Specialist 📈📊 #Forex #Commodities #Indices #Crypto"
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.