EURUSD
Current downtrend on the weekly and daily chart.
Short at a re test at the pink circle which is a recent high within the symmetrical triangle.
Aiming to hit the lower trend line of the triangle with a break through and retest take profit 1 here.
A break of the recent lower and daily support to take profit 2 at 1.063
SL @ 1.09223 = 30.5 pips
TP1 @ 1.07979 = 92 pips
TP2 @ 1.063
Overall possible 256 pips (2.24%)
Current downtrend on the weekly and daily chart.
Short at a re test at the pink circle which is a recent high within the symmetrical triangle.
Aiming to hit the lower trend line of the triangle with a break through and retest take profit 1 here.
A break of the recent lower and daily support to take profit 2 at 1.063
SL @ 1.09223 = 30.5 pips
TP1 @ 1.07979 = 92 pips
TP2 @ 1.063
Overall possible 256 pips (2.24%)
Trade closed: stop reached