Considering:
Italy & France going into recession, wouldn't the Price be downtrend? Thus the Price testing a Strong Support!
The price is also flowing in a downtrend Channel
Yayira
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@InvestTank, you are right, it's in a downtren and the fundamentals are bad.. that's why my sl is tyt should in case it breaks that support..
yes for the IDEA
R/R may need some fine tuning
in any case, good luck
Yayira
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@combotrading, I don't understand what you mean by R/R may need some fine tuning 😂
FlukeTrading
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@Yayira, Risk/Reward ratio too tight and may avoided consideration in reversal pattern with this specific pair
Yayira
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@combotrading, you mean the risk (SL) too tight and not the reward (TP) cos that reward is 7x 😂
well, that's how I want to play it cos when it breaks that support I'm 100% sure it will keep falling and I'm not ready to take that much loss.
Reorama
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@Yayira, I'm surprised you are posting public ideas but don't know what R/R tuning means