DLavrov
Short

Entry Level for Short

FX:EURUSD   Euro / U.S. Dollar
272 0 21
Price moved down and closed below Kijun. We have a reversal signal with RSI confirmation. DMI does not show strong up movement and we can open short trades. Entry level is below the low of the signal candle - 1.10270. Stop orders should be placed above the swing high. As for exit levels - we can place take profit orders near the local swing low or use trailing stop.
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