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CompositeTrader
Oct 2, 2019 2:24 PM

EUR/USD Price Action Analysis | The Right Opportunity Short

Euro Fx/U.S. DollarFXCM

Description

‪Euro got back in the Trading Range against Dollar. A consolidation just above the Lower Range and then a touch to the Supply OB might cause the next downtrend. Until then, shorting seems as much risky as longing. Waiting for the right opportunity.‬

Entry: 1.0990
SL: 1.1031
TP-1: 1.0927
TP-2: 1.0876
R/R: 2.78


‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬ You can also follow me from,


‪The ideas published here are not financial advices. ‬

Trade active

Position is opened.

Trade closed: stop reached

Comments
ridethepig
A very good chart @CompositeTrader
CompositeTrader
@ridethepig, thank you so much!
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