fxstudent299

Short EURUSD - break and failed retest of support at 1.1237

Short
fxstudent299 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trading idea on 1h chart:
Short EURUSD – Break of support line
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Trading idea: limit sell order at 1.12259, Risk-Reward = 8.17
SL@ 1.12441 (-18.2), TP@ 1.10772 (+148.7)
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- trade based only on chart + failed test of support line +risk-reward ratio
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Disclaimer: There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Trade active:
SL moved to entry (@1.1225) as price should not move above 20eMA on 1h-chart (which is now at 1.1200), still giving it some room, in case if price spike slightly above 1.12

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