2.41 risk to reward. Price is at resistance.

FX:EURUSD   Euro / U.S. Dollar
38 0
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.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out