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SWING TRADING: SHORT EURUSD! TARGET 1.08100
Euro / U.S. Dollar
Short
SWING TRADING: SHORT EURUSD! TARGET 1.08100
By FX618Analysis
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Updated
Jul 12, 2023
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Jul 10, 2023
TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.09500
STOP LOSS: 1.10300
TAKE PROFIT: 1.08100
RISK TO REWARD: 1:2
ANALYSIS: Price broke the demand zone and is likely looking to aim for upcoming demand zone. stop loss ideally placed above swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Jul 10, 2023
Trade active
Jul 10, 2023
Note
KINDLY ADJUST STOP LOSS UPWARDS TO 1.10400 LEVEL.
Jul 12, 2023
Note
KINDLY ADJUST STOP LOSS UPWARDS TO 1.10600 LEVEL. RR IS STILL NEARLY 1:2. EXPECTING SOME KIND OF SHARP REACTION AT THIS LEVEL AS WE ARE IN SUPPLY ZONE
Jul 12, 2023
Trade closed: stop reached
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