EURUSD Short trade after bearish shooting star and counter trend line break- Price retraced from .236 fib level of down AB Swing
- Bearish Shooting star @ .236 level
- Bearish Shooting star @ .382 level
- Ascending Channel Breakout
- Resistance Below .382 Level
- USD Strength after G7 Summit
TRADE
Price @ 1.11843
Stop Loss @ 1.12232 - 10 pip above high of the Shooting Star @ .236 Fib Level
Take Profit @ 1.11768 (1.27 fib extension of AB Swing)
Risk/Rewards: 2.12
Trade closed: target reached
63 Pips Profit Taken!!
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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.