EURUSD
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Waning bullish momentum
- Price action at Resistance of Parallel Channel
- Price close to a Horizontal Resistance Line
- Price reversing off a retracement of the 38.2% Fibo line
- Stochastic Overbought momentum
- Fundamentally, EU-Italy impasse still remains and concern about global growth outlook creating abit more volatility in the markets
Suggested Trade:
Entry @ Area of Interest 1.1415 - 1.1475
SL: 1.1509
TP: 1.1278
RR: Approx. 2.01 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Waning bullish momentum
- Price action at Resistance of Parallel Channel
- Price close to a Horizontal Resistance Line
- Price reversing off a retracement of the 38.2% Fibo line
- Stochastic Overbought momentum
- Fundamentally, EU-Italy impasse still remains and concern about global growth outlook creating abit more volatility in the markets
Suggested Trade:
Entry @ Area of Interest 1.1415 - 1.1475
SL: 1.1509
TP: 1.1278
RR: Approx. 2.01 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Trade active
Trade closed: target reached:
:D
Run remaining position totally risk free.