EUR/USD Short with 5.6 R/R - approaching OB + OTE + 200-MA
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I'm looking for a decent EUR/USD Short opportunity. 12hr downtrend channel valid until here. Within this, EUR/USD respected OTE for swingers quite well.
Along with that we‘re approaching a bearish OB between 1.13647 - 1.13975. 200-MA sitting right there, matching with the 0.79 Fib-level. From there on we could probably retrace all the way back down to our daily OB.
Entry-zone: 1.13630 - 1.13800
TP1: 1.13260
TP2: 1.12840
TP3: 1.12415
TP4: 1.12020
Stop-Loss: 1.14095 or 1.14210. Choose your risk.
Additional targets coming if we fill and PA confirms.
If you like my work feel free to leave a like & follow, I'd truly appreciate it!
I'm looking for a decent EUR/USD Short opportunity. 12hr downtrend channel valid until here. Within this, EUR/USD respected OTE for swingers quite well.
Along with that we‘re approaching a bearish OB between 1.13647 - 1.13975. 200-MA sitting right there, matching with the 0.79 Fib-level. From there on we could probably retrace all the way back down to our daily OB.
Entry-zone: 1.13630 - 1.13800
TP1: 1.13260
TP2: 1.12840
TP3: 1.12415
TP4: 1.12020
Stop-Loss: 1.14095 or 1.14210. Choose your risk.
Additional targets coming if we fill and PA confirms.
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