Euro / U.S. DollarShort
EURUSD BEARISH - Aug 30
📢 Signal: SELL EUR/USD 📉
Entry Price: 1.11142 🔍
TP1: 1.10830 🎯 (31 PiP TP)
TP2: 1.10501 🎯 (64 PiP TP)
SL: 1.11456 ⛔️ (31 PiP SL)
💡 Ensure proper risk management when following signals!
💬 Comment:
"
The price is near a significant resistance area, increasing the likelihood of a pullback.
Entry Point Justification:
Resistance Rejection: Entering at 1.11142 takes advantage of a potential rejection at this resistance level, which could lead to downward momentum.
Take Profit Levels:
TP1 (1.10830): Aimed at capturing a quick profit from an expected initial drop as the price reacts to resistance.
TP2 (1.10501): Targets a deeper retracement, aligning with a continuation of the bearish trend.
Stop Loss Justification:
SL at 1.11456: Set above the resistance level to protect against an unexpected breakout, ensuring losses are minimized if the trade goes against the position."
mr_bombastic_signal
Entry Price: 1.11142 🔍
TP1: 1.10830 🎯 (31 PiP TP)
TP2: 1.10501 🎯 (64 PiP TP)
SL: 1.11456 ⛔️ (31 PiP SL)
💡 Ensure proper risk management when following signals!
💬 Comment:
"
The price is near a significant resistance area, increasing the likelihood of a pullback.
Entry Point Justification:
Resistance Rejection: Entering at 1.11142 takes advantage of a potential rejection at this resistance level, which could lead to downward momentum.
Take Profit Levels:
TP1 (1.10830): Aimed at capturing a quick profit from an expected initial drop as the price reacts to resistance.
TP2 (1.10501): Targets a deeper retracement, aligning with a continuation of the bearish trend.
Stop Loss Justification:
SL at 1.11456: Set above the resistance level to protect against an unexpected breakout, ensuring losses are minimized if the trade goes against the position."
mr_bombastic_signal
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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.