Trade Idea: EUR/USD Short
EUR/USD is currently in a bearish trend, forming lower highs and lower lows. The price has recently retested a key resistance zone near 1.0310 and shown signs of rejection, indicating potential for further downside movement.
Entry: 1.0310
Stop Loss (SL): 1.0398
Take Profit (TP): 1.0104
As the trade progresses, price action should be monitored closely. Stop Loss adjustments can be made to break-even or to secure profits as the price approaches the TP level. This setup offers a favorable risk-to-reward ratio (RRR) of approximately 1:3, making it a sound trade from a risk management perspective. This trade setup is based on technical analysis, fundamental analysis, investor sentiment, and retail sentiment.
Entry: 1.0310
Stop Loss (SL): 1.0398
Take Profit (TP): 1.0104
As the trade progresses, price action should be monitored closely. Stop Loss adjustments can be made to break-even or to secure profits as the price approaches the TP level. This setup offers a favorable risk-to-reward ratio (RRR) of approximately 1:3, making it a sound trade from a risk management perspective. This trade setup is based on technical analysis, fundamental analysis, investor sentiment, and retail sentiment.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.