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YongLiang
Nov 15, 2016 9:40 PM

EUR/USD, DAY, SHORT (16-NOV-2016) Short

EUR/USDOANDA

Description

The price breaks the support zone around 1.085x and there is a bearish pin bar followed.
Time to entry a short position.
EP: 1.07248
SL: 1.08553
TP: 1.05441

Trade active

EUR/USD moving down further. Current price at 1.06272 (18-NOV-2016)

Move our SL to 1.08170 to minimize the potential risk. And lets it ride on the trend.
Alternatively, you can take profit of 97 pips now. :)

Trade safely

Trade active

Moving SL to Break Even Point at 1.07248.

Trade Safely when TP is approaching...

Trade closed manually

Closed the trade at Price 1.06181. Profit of 117 pips.

Minimize the risk of carrying trades over weekend.
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