EURUSD - Short position, second take profit level.
We can see EURUSD has made a sharp fall to the downside, the first take profit level has been breached at 1.09456.
Now that price has fallen and closed below the first take profit level we will be now looking for our second take profit level: 1.05737. In addition, we will wait for a retest of the new resistance level and then look to sell it off.
Now that price has fallen and closed below the first take profit level we will be now looking for our second take profit level: 1.05737. In addition, we will wait for a retest of the new resistance level and then look to sell it off.