Hello, I am Trader Andrea Russo and today I want to show you a SHORT investment opportunity on EUR/PLN. We are currently on a 4-hour (4H) chart, and some technical indicators suggest increasing bearish pressure. The overbought signals and the loss of momentum suggest that we could be facing a possible bearish reversal, making this configuration particularly interesting.
Here is the Investment Setup:
The entry price for the trade is set at 4.2854.
There is a SELL signal with a target price set at 4.2066, corresponding to a TP of 1.85%.
The stop loss is set at 4.2593, corresponding to a SL of 0.61%.
This short position offers a favorable risk/reward ratio, taking advantage of the current bearish pressure and the possible confirmation of a bearish trend on EUR/PLN.
As always, I encourage you to monitor this setup carefully and apply strategic and conscious risk management to your trading plan. Happy trading! 📉
Here is the Investment Setup:
The entry price for the trade is set at 4.2854.
There is a SELL signal with a target price set at 4.2066, corresponding to a TP of 1.85%.
The stop loss is set at 4.2593, corresponding to a SL of 0.61%.
This short position offers a favorable risk/reward ratio, taking advantage of the current bearish pressure and the possible confirmation of a bearish trend on EUR/PLN.
As always, I encourage you to monitor this setup carefully and apply strategic and conscious risk management to your trading plan. Happy trading! 📉
Trade closed: target reached
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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.