Short EURUSD
Entry: 1.11675
TP: 1.1114
SL: 1.1183
Long EURUSD
Entry: 1.11235
TP: 1.11820
SL: 1.11040
First time trying this. 2 trade ideas in one chart.
OVERALL BULLISH BIAS
Market testing resistance and also in a strong supply/demand zone (grey box). A short term drop is expected.
Market expected to drop and test ascending trendline support where we can enter a long position at 1.11235 where I expect to see a bounce above.
Entry: 1.11675
TP: 1.1114
SL: 1.1183
Long EURUSD
Entry: 1.11235
TP: 1.11820
SL: 1.11040
First time trying this. 2 trade ideas in one chart.
OVERALL BULLISH BIAS
Market testing resistance and also in a strong supply/demand zone (grey box). A short term drop is expected.
Market expected to drop and test ascending trendline support where we can enter a long position at 1.11235 where I expect to see a bounce above.
Trade closed: target reached
The short trade worked out beautifully. However the long trade got triggered and stopped out.Short trade profits +0.48%
Long trade losses -0.18%
Net profits = +0.3%
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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.