1Hr TF overview
🟥 Sellside Trade Log
📉 Pair: EUR/USD
🏷️ Type: Intraday | Tokyo Session AM
🧠 Setup: Breakdown from Triangle + Resistance
🆔 Trade ID: #EURUSD-0512A
📅 Date: Monday, 12th May 2025
🕑 Time: 2:00 AM
🔹 Entry Price: 1.12309
🔹 Profit Target: 1.10713 (-1.42%)
🔹 Stop Loss: 1.12424 (+0.10%)
🔹 Risk-Reward Ratio: 13.88
🔍 Reasoning:
Sellside trade taken following a breakdown from a triangle formation, with price rejecting firmly from a well-established resistance zone. The structure showed compression into resistance, followed by a decisive break to the downside during the Tokyo AM session. Entry was timed at the base of the pattern as momentum shifted, aligning with expected liquidity sweep beneath the formation.
Trade active
Stop level moved (0.80%)
Trade closed: target reached
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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.