EURUSD Short/Sell Idea at recent resistance. EUR is still bearish and will test 1.000 parity level again.
Entry: 1.0100 sell zone.
Previously came to this level and faced rejection as well as being a previous support area.
Stop Loss: 1.01278
Above Previous highs. If we do get stopped out, Id look for the next selling zone.
Take profit: 1.00158
At previous support levels.
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.
Entry: 1.0100 sell zone.
Previously came to this level and faced rejection as well as being a previous support area.
Stop Loss: 1.01278
Above Previous highs. If we do get stopped out, Id look for the next selling zone.
Take profit: 1.00158
At previous support levels.
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.