Trade (1)
Entry Type : Market Sell @ 1.90392
Stop Loss : 1.91250
Take Profit : 1.85000
R/R : 6.28
R/R % : .50% / 3.14%
Trade (2)
Entry Type : Limit Sell @ 1.90500
Stop Loss : 1.91250
Take Profit : 1.85000
R/R : 7.33
R/R % : .25% / 1.83%
Technical Analysis:
Price Action has broken out of the descending channel and has reached the 1.90 - 1.91 supply zone, thus creating a double top formation. I am expecting price to pull back to the 1.85 level.
Entry Type : Market Sell @ 1.90392
Stop Loss : 1.91250
Take Profit : 1.85000
R/R : 6.28
R/R % : .50% / 3.14%
Trade (2)
Entry Type : Limit Sell @ 1.90500
Stop Loss : 1.91250
Take Profit : 1.85000
R/R : 7.33
R/R % : .25% / 1.83%
Technical Analysis:
Price Action has broken out of the descending channel and has reached the 1.90 - 1.91 supply zone, thus creating a double top formation. I am expecting price to pull back to the 1.85 level.