EURUSD Short 200 pips

Updated
Hello Traders,

A breakout to the downside was seen in EURUSD, and thus a trade was taken with stop loss of 85 pips just around the previous high and a take profit of 200 pips just around the previous swing low. A start of a downwards momentum can be identified, thus further supporting this position.

Have a lovely day!

Riverfront Capital

Trade closed: stop reached
Hello Traders,

Stop loss has been hit with 85 pips loss.

Cheers!

Riverfront Capital
Candlestick AnalysisEURUSDeurusdsetupeurusdshorteurusdshortsetupSupport and ResistanceTrend Lines

Disclaimer