EUR/USD
Asset rejected from resistance , short order is in at break from previous low after impulse, Stoploss is above previous low, Take profit at previous resistance which is also at 0.618 fib retracement level. Trade would be invalid if price bounces up and retests resistance.
Entry – 1.07757
Stoploss – 1.08009 (-0.23%)
Take Profit – 1.06041 (1.59%)
RR: 6.8
Result:
Asset rejected from resistance , short order is in at break from previous low after impulse, Stoploss is above previous low, Take profit at previous resistance which is also at 0.618 fib retracement level. Trade would be invalid if price bounces up and retests resistance.
Entry – 1.07757
Stoploss – 1.08009 (-0.23%)
Take Profit – 1.06041 (1.59%)
RR: 6.8
Result:
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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.