MY outlining a short trade setup on **EUR/USD** with the following parameters:
* **Entry:** 1.1136 (Sell)
* **Stop Loss:** 1.1141 (5 pips)
* **Target 1:** 1.1125 (11 pips)
* **Target 2:** 1.1110 (26 pips)
### Trade Analysis:
* **Risk:** 5 pips
* **Reward (Target 1):** 11 pips → **Risk\:Reward = 1:2.2**
* **Reward (Target 2):** 26 pips → **Risk\:Reward = 1:5.2**
This is a **scalping to short-term** setup with a tight stop loss. The R\:R ratio is favorable, especially if you plan to scale out at Target 1 and let the rest ride to Target 2.
### Tips:
* Make sure volatility and spread aren't too high, especially around news releases.
* Consider using a trailing stop once the price moves past Target 1.
* Confirm with indicators or price action (e.g., bearish engulfing, trendline break) for stronger entry confirmation.
* **Entry:** 1.1136 (Sell)
* **Stop Loss:** 1.1141 (5 pips)
* **Target 1:** 1.1125 (11 pips)
* **Target 2:** 1.1110 (26 pips)
### Trade Analysis:
* **Risk:** 5 pips
* **Reward (Target 1):** 11 pips → **Risk\:Reward = 1:2.2**
* **Reward (Target 2):** 26 pips → **Risk\:Reward = 1:5.2**
This is a **scalping to short-term** setup with a tight stop loss. The R\:R ratio is favorable, especially if you plan to scale out at Target 1 and let the rest ride to Target 2.
### Tips:
* Make sure volatility and spread aren't too high, especially around news releases.
* Consider using a trailing stop once the price moves past Target 1.
* Confirm with indicators or price action (e.g., bearish engulfing, trendline break) for stronger entry confirmation.
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📲 Join telegram channel free ..
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
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t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Forex_golg_free_signals
Related publications
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.