Hello, I am Trader Andrea Russo and today I want to show you a SHORT investment opportunity on EUR/PLN. We are currently in a 4-hour chart (4H) and my indicator "WaveTrend + Multi-Timeframe Alerts", published in the SCRIPT section of my TradingView profile, signals an overbought situation both at 4H and 8H. In addition, we are also in a downtrend phase, so we have more signals that support this opportunity.
In the attached chart we can observe the following details:
The current price is around 4.62400.
There is a SELL signal with a target price set at 4.61400, corresponding to a TP of 1.06%.
The stop loss is set at 4.63400, corresponding to a SL of 0.32%.
The suggested short position has a favorable risk/reward ratio.
These combined signals indicate a potential downtrend reversal, making this setup particularly interesting for investors looking for short selling opportunities on EUR/PLN.
I encourage you to monitor this setup closely and act prudently, always considering risk management in your trading plan. Happy trading!
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🌍 All Socials: linktr.ee/swipeuptradingcompany
🌟 For collaborations or partnerships, feel free to DM me!
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.
📢 Telegram: t.me/swipeuptrading
🌍 All Socials: linktr.ee/swipeuptradingcompany
🌟 For collaborations or partnerships, feel free to DM me!
🌍 All Socials: linktr.ee/swipeuptradingcompany
🌟 For collaborations or partnerships, feel free to DM me!
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.