Short trade
15min TF entry
Pair EURUSD
Sellside trade
Wed 15th Jan 24
9.15 am
Entry 1.03303
Profit level 1.03011 (0.28%)
Stop level 1.03462 (0.15%)
RR 1.84
Reason: The price seems overextended at this time. I assume a retracement is on the cards to balance out the price range, then pursue back to the upward momentum with the trend thereafter.
Trade active
Stop level moved (0.5%)
Trade closed: target reached
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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.