EUR/USD Short Setup – Sell from Resistance Zone
Updated
Entry 1: 1.1157 (First entry within the sell zone)
Entry 2:. 1.1135 (Second entry at higher resistance)
TP1:1.10450
TP2: 1.09600
Stop Loss (SL): Above 1.1200 to protect against upside risk if price breaks resistance.
Analysis:
Sell Zone Rejection: Price is approaching a key sell zone between 1.1157 and 1.1350, where we expect sellers to push the price down.
Bearish Continuation: After reaching the resistance zone, we anticipate a bearish continuation toward TP1 and TP2.
Risk Management: SL placed above 1.1200 will protect from potential breakout to the upside.
Entry 2:. 1.1135 (Second entry at higher resistance)
TP1:1.10450
TP2: 1.09600
Stop Loss (SL): Above 1.1200 to protect against upside risk if price breaks resistance.
Analysis:
Sell Zone Rejection: Price is approaching a key sell zone between 1.1157 and 1.1350, where we expect sellers to push the price down.
Bearish Continuation: After reaching the resistance zone, we anticipate a bearish continuation toward TP1 and TP2.
Risk Management: SL placed above 1.1200 will protect from potential breakout to the upside.
Trade active
ALL ENTRIES ACTIVE AMD HUGE PROFITS
BOOK 80%, AND HOLD 20% TILL TP1 GETS HIT
Trade closed: target reached
HOLD 20%, SL AT BE, JUST LOOKING FOR TP1 TO HIT TO FULLY CLOSE. NOT PLANNING TO HOLD TILL TP2 as its FRIDAYNote
STRONG REJECTION AGAIN FROM Sell ZONE
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