EURUSD, 4hr tf, sell below the kumo cloud

Hello my friends,

EURUSD is on my trade ideas / watchlist as well.
With USD gaining strength right now, we could possibly see price going down for this pair.

I will wait for price to retrace around 1.0830 before initiating my sell positions. We already got confirmation such as the price below kumo cloud and parabolic SAR switching from below to above the price.
Entering at current price not offering a good RR ratio so we will wait for a retracement

Sell EURUSD 1.0830
Stop loss 1.0875
Take profit 1 @1.0775
Take profit 2 @1.0715

RR ratio 1 : 2.5
Use only 1-2% risk
Good luck

Commentaire:

Typo on price it should be

Sell EURUSD 1.1830
Stop loss 1.1875
Take profit 1 @1.1775
Take profit 2 @1.1715

RR ratio 1 : 2.5
Use only 1-2% risk
Good luck