💡 Trade Idea
📈 Sell Order EUR/USD @ 1.2047
🎯 Target Profit 1.1964
🛑 Stop Loss 1.2088
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we expect a move downward towards the target profit.
📈 Sell Order EUR/USD @ 1.2047
🎯 Target Profit 1.1964
🛑 Stop Loss 1.2088
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we expect a move downward towards the target profit.
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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.
Related publications
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.