The EUR/USD is in a freefall after breaking below midweek value. Now the 1.1400 handle is coming into play.
Here's a potential countertrend scalp:
1) Limit buy @ 1.1401
2) Stop loss @ 1.1394
3) 1:1 risk-reward, looking for 7 pips profit
This is a risky play as the EUR/USD downtrend is strong. Keep stops tight and leverage in check!
Here's a potential countertrend scalp:
1) Limit buy @ 1.1401
2) Stop loss @ 1.1394
3) 1:1 risk-reward, looking for 7 pips profit
This is a risky play as the EUR/USD downtrend is strong. Keep stops tight and leverage in check!
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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.
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.