EUR USD MAY GO SHORT ACCORDING TO MY TECHNICALS (30/10/2021)
Disclaimer:- Educational Analysis says EURUSD may go SHORT according to my technical.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
On 1 HR timeframe pair is making HIGHER LOW and LOWER LOW which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS THEIR PRICE IS CURRENTLY UNDER THE 50 AND 200 EMA. WHICH MEANS BEARS ARE IN CONTROL.
ENTRY 1.15608
STOP-LOSS 1.16126 (51.8 PIPS)
TAKE PROFIT 1.12017 (359.1PIPS)
RISK TO REWARD RATIO IS 1:6.93
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
On 1 HR timeframe pair is making HIGHER LOW and LOWER LOW which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS THEIR PRICE IS CURRENTLY UNDER THE 50 AND 200 EMA. WHICH MEANS BEARS ARE IN CONTROL.
ENTRY 1.15608
STOP-LOSS 1.16126 (51.8 PIPS)
TAKE PROFIT 1.12017 (359.1PIPS)
RISK TO REWARD RATIO IS 1:6.93
Trade closed manually:
I think it touched loss level. If you want you can continue this trade.
Trade closed: stop reached