After evaluating the the higher time frames it is evident that EU is in a long term short. As shown on the 4h TF you can see that it is clearly at the top of a downtrend channel hence why I believe now is a key time to short. Risking very little is key here as the R/R ratio is extremely well. Lets see how this plays out.
تعليق
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Moving take profit to 1.13050
أغلقت الصفقة: تم الوصول للهدف
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Excellent trade from start to finish. Hope everyone else benefitted too. I always encourage feedback.
@jasperlawler, you’re right! Let’s get these pips!💪🏽
blankz369
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Really good catch. it could go lower one more leg.
VTGStudent
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@blankz369, Really appreciate the feedback! Completely agree, I was just happy with the initial amount of pips caught and didn't want to get too greedy, but agree'd definitely more room below.
UnknownUnicorn266032
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A lot of fundamentals over the next few days, so I'd be careful with it.
VTGStudent
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@TahmidKFX, Agreed, but I personally don't trade fundamentals, I see them as a catalyst for technical trading.
Cryptoforexmarket
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Profit profit let’s get some money what level to next TP