I know it's insane to try to short EURUSD right now but... I try to improve my analysis at low risk/high reward trade. So we are risking 30 pips for catching the pullback on EURUSD.
RSI is over 90 and BB are over 100! It happens but still...
So either we get the bullish move of the year and our 30 pips SL is crushed or we get 100+ more pips on a healthy move down. I would target 1.10 as a global TP.
It's only true for 4H, on other (longer) TF, EUR is a buy, but not at this level.
RSI is over 90 and BB are over 100! It happens but still...
So either we get the bullish move of the year and our 30 pips SL is crushed or we get 100+ more pips on a healthy move down. I would target 1.10 as a global TP.
It's only true for 4H, on other (longer) TF, EUR is a buy, but not at this level.
Trade closed: stop reached
Even if it could looks a near-good trade, in fact it was completely dumb. I should have wait for the pinbar in red to enter at the same entry and get a much better trending trade.
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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.