Trade Outlook for EURUSD:
Trade Idea: Short EURUSD
Trade Call Type: Short (Sell)
Currency Pair: EURUSD (Euro / US Dollar)
Entry Rules:
Entry 1: 1.11991
Entry 2: 1.12263
Entry on Resistance
Bearish Channel
Take Profit Levels:
Take Profit 1: 1.11741
Take Profit 2: 1.11484
Stop Loss:
1.12468
Risk-Reward Ratio (RRR) and Risk per Trade:
Entry 1: RRR 1:1.07, Risk 0.75%
Entry 2: RRR 1:3.80, Risk 0.50%
Trade Analysis:
The trade idea suggests a short (sell) position on EURUSD. The entry points are based on the resistance level and the bearish channel, indicating potential downward movement in the price.
Trade Idea: Short EURUSD
Trade Call Type: Short (Sell)
Currency Pair: EURUSD (Euro / US Dollar)
Entry Rules:
Entry 1: 1.11991
Entry 2: 1.12263
Entry on Resistance
Bearish Channel
Take Profit Levels:
Take Profit 1: 1.11741
Take Profit 2: 1.11484
Stop Loss:
1.12468
Risk-Reward Ratio (RRR) and Risk per Trade:
Entry 1: RRR 1:1.07, Risk 0.75%
Entry 2: RRR 1:3.80, Risk 0.50%
Trade Analysis:
The trade idea suggests a short (sell) position on EURUSD. The entry points are based on the resistance level and the bearish channel, indicating potential downward movement in the price.