Remember my previous forecast for EURGBP BEST Long Chance has hit TP with 120 pips profit (Links provided below)? Here is another great sell short chance, but for EURUSD.
1) EURUSD has surpasses the psychological level 1.2000 for the first time in recent months.
2) There is bound to be a retest of the previous level - which in this case is resistance turns support at 1.1180 area.
3) Very good risk-reward ratio and high probability trade with EURUSD in an overbought zone!
1) EURUSD has surpasses the psychological level 1.2000 for the first time in recent months.
2) There is bound to be a retest of the previous level - which in this case is resistance turns support at 1.1180 area.
3) Very good risk-reward ratio and high probability trade with EURUSD in an overbought zone!
Trade active:
In monitoring the precise entry, the trade has been shifted to enter at 1.2075 level. The trade is now in profit for 30 pips.
Trade closed manually:
Forgotten to update: The trade was closed at 20 pips update. It turns out that the stopped was placed at a level that the price never come back once exceeds the stop.
