We can see on the 4H chart that the euro has broken the last lowest low in the last months. From that movement we can expect a pullback from the current prices or from the levels of 1.15360 to retest the broken low of 1.16630
We can position our sell limit orders on those areas with fixed stoploss above 1.17500 or any 4H candle closure above this area will trigger our stoploss
We can also target the levels of 1.15380 as first target and from that number we can see 1.14160
Please keep your stoploss fixed
Use money management
Trade safe
We can position our sell limit orders on those areas with fixed stoploss above 1.17500 or any 4H candle closure above this area will trigger our stoploss
We can also target the levels of 1.15380 as first target and from that number we can see 1.14160
Please keep your stoploss fixed
Use money management
Trade safe
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.
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.