Cmasterza

Testing support as resistance

Kort
FX:EURUSD   Euro / USA-dollar
Support broken
Support tested by a pin bar
Pin bar = price action sell signal in this location
Market structure = bearish (lower highs and lower lows

Selling at market price @ 1.11092 with

# SL above the pin bar @ 1.11187 and
# TP lower down at previous swing low @ 1.10386

Nice setup here providing a 1:3 risk to reward ratio.

Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.

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