Looking at the recent price action on EUR/USD shows us a clear bear flag in formation.
- Trend = Downward
- Divergence = No Divergence found
- Pattern = Bearish Flag
- Breakout/Confirmation = Waiting for it
Account Size: 10300
Risk Percentage: 1%
Amount at Risk: 103 USD
Sizing: 0.0868 Lots
Entry Point: 1.071335
Stop Loss: 1.083189
Take Profit: 1.059419