Hi Traders
I have a nice short setup today on EURUSD. RR comes in at 1:3 but if you prefer a more conservative approach you can stretch the stop to a more comfortable 1:2 RR.
Stop goes to breakeven as soon as the price hits 1R profit.
Reason for this trade is a shift in market structure. Price action seems to be bearish so I will follow my plan and open a short position.
Let me know what you think in the comments below.
I have a nice short setup today on EURUSD. RR comes in at 1:3 but if you prefer a more conservative approach you can stretch the stop to a more comfortable 1:2 RR.
Stop goes to breakeven as soon as the price hits 1R profit.
Reason for this trade is a shift in market structure. Price action seems to be bearish so I will follow my plan and open a short position.
Let me know what you think in the comments below.
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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.