Entry Price: 1.0858
The price level to initiate a short (sell) position in the EURUSD pair.
Stop-Loss: 1.09605
The predetermined price level to exit the trade and limit potential losses if the market moves against the position.
Take Profit: 1.0653
The target price level to close the trade and secure profits if the market moves in the intended (bearish) direction.
This setup reflects a bearish trading strategy on the EURUSD currency pair, with the goal of capitalizing on the downward trend. The trader aims to sell at 1.0858, with a stop-loss at 1.09605 to manage risk, and a take profit at 1.0653 to capture potential gains from the bearish move.
The price level to initiate a short (sell) position in the EURUSD pair.
Stop-Loss: 1.09605
The predetermined price level to exit the trade and limit potential losses if the market moves against the position.
Take Profit: 1.0653
The target price level to close the trade and secure profits if the market moves in the intended (bearish) direction.
This setup reflects a bearish trading strategy on the EURUSD currency pair, with the goal of capitalizing on the downward trend. The trader aims to sell at 1.0858, with a stop-loss at 1.09605 to manage risk, and a take profit at 1.0653 to capture potential gains from the bearish move.