Hello traders ! Last week we have seen EUR USD go to the upside with resistance around 1.2360 zone . Now from this level a lower high may be forming in the daily timeframe , with a hammer candle that could close in some hours. Price may go down to test previous highs and an ascending trendline at 1.2100 zone . Set a stop loss above the high at 1.236 and a take profit at 1.21 , with a R:R ratio of 1:4. Hope you enjoyed this idea , i'm not really expert on Tradingview and that's my first idea in english. Let me know what you think in the comments! Have a nice day.
Trade closed: stop reached:
Stop reached , EUR USD is going to upside towards previous highs zone at 1.251.