EURUSD : 120 pips short with Great Risk/Reward Ratio.
as you can see price reached a strong resistance area , this is a great example of "supports become resistances".
we have to wait for reversal confirmation in H1 or 15M chart and then enter short position with proper entry point.
our targets are : 1.16200 and 1.15200 , our stop should be around 1.17800 .
Please like and Let me know if you have any questions, comments or observations, thank you.
we have to wait for reversal confirmation in H1 or 15M chart and then enter short position with proper entry point.
our targets are : 1.16200 and 1.15200 , our stop should be around 1.17800 .
Please like and Let me know if you have any questions, comments or observations, thank you.
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.