xosamax2

EURUSD Analysis

Short
xosamax2 Updated   
FX:EURUSD   Euro / U.S. Dollar
Hi,

This is a short term trade. Risk is medium. 2 possible targets, but it's highly recommended to take the majority of profit at the first target.

Entry @ 1.18830
Stop loss @ 1.19900
First target @ 1.17400

Then,

Move stop loss to breakeven

Second target @ 1.16000
Trade active:
We've hit the first target! Now, we will move the stop loss to breakeven.
Trade closed: stop reached:
We didn't make the second target, but we profited from the first target. We will come again with another trade.
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