Hi everyone!
I am looking at a short trade
EURUSD
BUY LIMIT @ 1.15750
Stop Loss: 1.15715 (Add Spread)
TP 1 (1R): 1.15786 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 1.15856 (50%)
TP 3 (5R): 1.16104 (/0.5)
TP 4 (10R): 1.16458 (/0.5)
Looking for price to bounce of this level, if it doesnt work theres another area below which i am interested in. I think this level holds significant value and should provide a good reactionary trade before continuing to the downside. towards the lower orderblock area.
I am looking at a short trade
EURUSD
BUY LIMIT @ 1.15750
Stop Loss: 1.15715 (Add Spread)
TP 1 (1R): 1.15786 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 1.15856 (50%)
TP 3 (5R): 1.16104 (/0.5)
TP 4 (10R): 1.16458 (/0.5)
Looking for price to bounce of this level, if it doesnt work theres another area below which i am interested in. I think this level holds significant value and should provide a good reactionary trade before continuing to the downside. towards the lower orderblock area.
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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.