AndrasCsufor
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since Jan 27, 2015
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Sell Limit: 1289.72 Stop Loss: 1328.16 Target 1: 1214.00 Target 2: 1141.66
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Let's have a look at the moving of the major pair. If the pattern completes i will buy the market at point D, stop my loss some pips under x and take the profit at point C.
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If EUR/USD pulls back to the previous structure low, there we can short it with a big ris/reward ratio. Short: 1,08063 Stop Loss: 1,08504 Final Target: 1,04593
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In my opinion this pattern gives us a good chance to open a long position with a 2.81 Risk/Reward Ratio.
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Sell the market in the red rectangle when RSI is above 70 percent.
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I think it's a good short oppurtunity here
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