Analysis:
EURUSD-1H is currently in a bearish trend. If the price breaks below 1.05807 which is previous lower low level, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the stop loss will be at 1.06307 which is the previous higher high level.
------ Trade ------
Chart: EURUSD-1H
Type: Short
Entry: 1.05807
Stop Loss: 1.06307
TP1: 1.05307
TP2: 1.04807
EURUSD-1H is currently in a bearish trend. If the price breaks below 1.05807 which is previous lower low level, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the stop loss will be at 1.06307 which is the previous higher high level.
------ Trade ------
Chart: EURUSD-1H
Type: Short
Entry: 1.05807
Stop Loss: 1.06307
TP1: 1.05307
TP2: 1.04807
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.
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.