Short on EURUSD pair

In daily chart EURUSD formed the bearish candle with strong selling Volume candle.

In 4hr Time frame it has formed Falling Wedge Pattern and make breakdown for downside.

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Risk and reward In this trade will be 6:91

Entry At : 1.09761

Sl will be : 1.10307

Target 1 : 1.08394

Target 2 : 1.07164

Final Target : 1.05990

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This is education purpose trade.
Please take advice from your financial adviser before taking any trade in live market.
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Trading Cafe 24
Thank you

Kommentera:

first target will be soon achieve. first trade got stoploss hit second entry is activated now

Kommentera:

add 60% sell qty at 1.08725 from the booked profit qty for safer side remaining 40% qty will be add on 1.08983

Kommentera:

At 1 Hour TF its forming inverted hammer which indicate downside moment.

Kommentera:

I am in profit of 76 pips second entry

Kommentera:

If EURUSD take support or make any candle which indicate trend reversal or bullish candle level at 1.08533 i will book full second trade and trail my first trade at cost to cost. (For bigger target)

Kommentera:

141 pip profit booked. and waiting for new entry on high level

Kommentera:

Hi
I am adding some sell positions in #EURUSD.

Kommentera:

93 pip in profit running