SamKent

EUR/USD Simple Range Trade Plan

Short
FX:EURUSD   Euro / U.S. Dollar
4
A typical example for a simplistic range trade on the EUR/USD. The pair is trading at resistance, has formed a nice looking shooting star after 4 strong bull candles. Our signified entry, coupled with stop and profit make for a solid 2.5 risk:reward, risking 40 pips to win 100.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.