A potential short trade to continue the bearish trend following a pullback and rejection of the 20 day EMA.
1:1 risk/reward ratio trade with a 100 pip profit target set at 1.46700.
Stop loss set above the previous high at 1.48720.
Time target: 1-4 days
Risk management: 1-5% of trading account, potential hyper trade to lower low.
1:1 risk/reward ratio trade with a 100 pip profit target set at 1.46700.
Stop loss set above the previous high at 1.48720.
Time target: 1-4 days
Risk management: 1-5% of trading account, potential hyper trade to lower low.
Note
Trade complete. +100 pip profit, 2 days.
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Related publications
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.