EURUSD, 4hr tf, sell the trendline rejection
Hello my friends,
Next setup for next week is EURUSD pairs.
I could see that price broken below the ascending trend line and retested it.
It looks like that retest could be seen as a double top pattern as well.
With this in mind i think a rotate to the lower side is possible so we will sell EURUSD.
Sell EURUSD 1.1865
Stop loss 1.1905
Take profit 1.1745 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
If you find this post useful, please give me a thumbs up and follow me for next updates.
Disclaimer : I hold sell EURUSD position from Friday at 1.1875
Next setup for next week is EURUSD pairs.
I could see that price broken below the ascending trend line and retested it.
It looks like that retest could be seen as a double top pattern as well.
With this in mind i think a rotate to the lower side is possible so we will sell EURUSD.
Sell EURUSD 1.1865
Stop loss 1.1905
Take profit 1.1745 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
If you find this post useful, please give me a thumbs up and follow me for next updates.
Disclaimer : I hold sell EURUSD position from Friday at 1.1875
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