EURUSD SHORT SETUP

tradingview ask me to write details about my idea, this setup is based on daily chart, in daily we are bearish and in lower time frame h4, i thinks price want to retest 1.0830 area of interest and then going down other way if the price hit the stop loss the secound entry with the same target is 1.0859 :: and the stop loss 1.0999

dear moderator :) i love you

Note

SETUP 2 :: ENTRY 1.0859 :: STOP LOSS 1.0999 IS ACTIVE NOW

Trade active

hi we are already on the entry point 2 after 50 pip drop

Note

this time the market make a high at 1.078 and its important for us to see the reaction on next try to make new high or make double top and respect the resistance area

Note

i think today we have huge movement on eurusd and setup 2 is still active

Note

what a move on eurusd

Trade closed manually

so close to (setup 2) target if you entry at 1.0859 you are almost 127 pip on profit, our stop loss was 40 pip , if you close at current price its a 1/3 R/R setup 1.07316 / if you want more i think you can update your target to 1.06091 - i do not recommend any sell position at the current time , the price need possible correction by the way 1.0803 is good to entry

Trade closed manually

close to tp 2 1.0609

Trade closed: target reached

miladvie

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.