Tradingstrategyguides

EURUSD RSI Overextended

Short
FX:EURUSD   Euro / U.S. Dollar
As you can see the RSI is overextended on the EURUSD pair. We have a pending sell order in place at 1.2263.

The Risk to reward for this strategy is a 1 Risk to 3 reward.
Trade active:
Trade trigger at 8AM. Currently in profit.

Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview

Our free Telegram channel: t.me/TradingStrategyGuides
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.