Shorting opportunity with low risk, possible RR of 1:4 or higher depending on your own analysis and projection of price.
60 pip stop loss and 250 pip target minimum. Use your own trailing stop plan if this trade takes off.
Momentum and daily structure is behind this short. Price could swing up and take out the stop loss in order to grab sellers but
based on current market movement the expectation is for another drop.
60 pip stop loss and 250 pip target minimum. Use your own trailing stop plan if this trade takes off.
Momentum and daily structure is behind this short. Price could swing up and take out the stop loss in order to grab sellers but
based on current market movement the expectation is for another drop.
Trade closed: stop reached