EURUSD
Current downtrend on the weekly and daily chart.
Short at a re test at the pink circle which is a recent high within the symmetrical triangle.
Aiming to hit the lower trend line of the triangle with a break through and retest take profit 1 here.
A break of the recent lower and daily support to take profit 2 at 1.063
SL @ 1.09223 = 30.5 pips
TP1 @ 1.07979 = 92 pips
TP2 @ 1.063
Overall possible 256 pips (2.24%)
Current downtrend on the weekly and daily chart.
Short at a re test at the pink circle which is a recent high within the symmetrical triangle.
Aiming to hit the lower trend line of the triangle with a break through and retest take profit 1 here.
A break of the recent lower and daily support to take profit 2 at 1.063
SL @ 1.09223 = 30.5 pips
TP1 @ 1.07979 = 92 pips
TP2 @ 1.063
Overall possible 256 pips (2.24%)
Trade closed: stop 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.