📌 Entry: Sell at 0.8120–0.8150 (Retest of broken structure).
📌 Stop Loss (SL): Above 0.8180.
📌 Take Profit 1 (TP1): 0.8100 (Short-term level).
📌 Take Profit 2 (TP2): 0.8080 (Major demand zone).
📌 Final TP3: 0.8050 (Liquidity zone).
🎯 Risk-to-Reward (R:R): 1:3+ (Solid trade).
✅ Confirmation Needed:
Bearish engulfing (H1/H) at 0.8120–0.8150.
📌 Stop Loss (SL): Above 0.8180.
📌 Take Profit 1 (TP1): 0.8100 (Short-term level).
📌 Take Profit 2 (TP2): 0.8080 (Major demand zone).
📌 Final TP3: 0.8050 (Liquidity zone).
🎯 Risk-to-Reward (R:R): 1:3+ (Solid trade).
✅ Confirmation Needed:
Bearish engulfing (H1/H) at 0.8120–0.8150.
Trade active
Safe SL above 0.8190, i have taken aggressive entries without confirmation with less risk, but still recommend to take after some confirmation like candlestick or divergence on lower time frame for some added confluence. Trade closed: target reached
I booked profits @ 0.8040
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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.