We are looking for a pullback on the EURUSD downtrend.
Resistances: 1.13037, 1.13215 Supports: 1.12688
I set a SELL LIMIT ORDER below the resistance 1.13037 set the SL above the next resistance 1.13215. TP is set at the support 1.12688. See the arrows for my graphical projection.
Entry: SELL LIMIT 1.13001 SL: 1.13237 TP: 1.12712
Trade characteristics: Trend continuation with a limit entry on a retest of resistance Expected trade duration: 1-2 days Risk-to-Reward-Ratio: 1.22
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