EURUSD BEARISH - Aug 30

📢 Signal: SELL EUR/USD 📉

Entry Price: 1.11142 🔍

TP1: 1.10830 🎯 (31 PiP TP)
TP2: 1.10501 🎯 (64 PiP TP)

SL: 1.11456 ⛔️ (31 PiP SL)

💡 Ensure proper risk management when following signals!
💬 Comment:
"
The price is near a significant resistance area, increasing the likelihood of a pullback.

Entry Point Justification:
Resistance Rejection: Entering at 1.11142 takes advantage of a potential rejection at this resistance level, which could lead to downward momentum.

Take Profit Levels:
TP1 (1.10830): Aimed at capturing a quick profit from an expected initial drop as the price reacts to resistance.
TP2 (1.10501): Targets a deeper retracement, aligning with a continuation of the bearish trend.

Stop Loss Justification:
SL at 1.11456: Set above the resistance level to protect against an unexpected breakout, ensuring losses are minimized if the trade goes against the position."

mr_bombastic_signal