A potential Revese zone on EurUsd H4 Chart
Considering the 61.8 retrace and touching the 4H resistance, I think we're having a good chance to short Euro. Here is what i suggest:
SL: 1.0800
Ent: 1.0740
TP: 1.0610
that would be a RR about 2.2
Cheers
SL: 1.0800
Ent: 1.0740
TP: 1.0610
that would be a RR about 2.2
Cheers
Note
Well, turns out to be a loose maybe Next time :)
Trade closed: stop 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.