As a continuation of my previous analysis, there is a more precise setup to enter the market, also lowering the risk reward ratio by a lot. Placing a short order around1.09400 level seems to be really sharp point, also considering a tighter SL level could be beneficial in case of a breakout to the upside which is my point of view is really unlikely but we never know. Trade carefully, I really keep an on this setup to add a higher lot size.
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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.