tradingformoney
Short

2.41 risk to reward. Price is at resistance.

FX:EURUSD   Euro / U.S. Dollar
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Price has gravitated towards a resistance area ( Prior swing low, along with the 24 ema ).
Stop is at the 52 ema .
Risk to reward ratio is 2.41
Target is at the recent swing low.

Reasons of why I use the numbers on the ema's.
24: there are 24 hours in a day.
52: 52 weeks in a year.
365: 365 days in a year.
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