Hey all,
We entered our EURUSD short trade at 1.11567 (+51pips floating profit at the time of this post)
Taking a deeper look into the H1 & H4 charts we see the potential for a third test on the upper trendline.
With this in mind, we decided to lock in our profits with our SL at 1.11234
We are watching for confirmations in consideration for a long play from current prices to around the 1.1139 area for another short entry and a long profit of 40ish pips.
Waiting for confirmations.
Long term we still see the 1.105 area as our target.
We entered our EURUSD short trade at 1.11567 (+51pips floating profit at the time of this post)
Taking a deeper look into the H1 & H4 charts we see the potential for a third test on the upper trendline.
With this in mind, we decided to lock in our profits with our SL at 1.11234
We are watching for confirmations in consideration for a long play from current prices to around the 1.1139 area for another short entry and a long profit of 40ish pips.
Waiting for confirmations.
Long term we still see the 1.105 area as our target.
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.
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.