EUR/USD Simple Range Trade Plan

FX:EURUSD   Euro / U.S. Dollar
116 0 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.
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