MA Breakout Short Setup
Price has broken below the moving average, signaling potential bearish momentum. A short entry is placed at 1.16472 with a stop-loss at 1.16714 to protect against upside reversals. The take-profit target is set at 1.16105.
Risk-to-Reward Ratio: ~1.29
Price has broken below the moving average, signaling potential bearish momentum. A short entry is placed at 1.16472 with a stop-loss at 1.16714 to protect against upside reversals. The take-profit target is set at 1.16105.
Risk-to-Reward Ratio: ~1.29
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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.