EURUSD - POTENTIAL SELL - RISK REWARD 1:7 - INTRA DAY

Observing this trade. Waiting to see how price reacts where it is currently. If we see any break of structure, we can then enter on following mitigations

Price is most likely to react at the area marked, however not certain how further down it will drop or hit TP. Hence why its always wise to book partials at 1:2 or 1:3 RR

Note that the above analysis is just an anticipation and we always wait for more confirmation on LTF before execution.

For more refined view of this analysis. check below:

Please check the discription to view our 1 minute time frame analsis as we trade intra day high risk reward setups using 1 minute EURUSD chart.

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Outlook on M1 Chart:

Comment:

Move SL to entry on second trade

First trade hit SL -1.00%

Second trade running at 1:3 Risk Reward

Trade closed manually:

After 1:3 risk reward booking partials (+1.50%)

Trade hit Breakeven