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Pending sell limit looks more ideal

Pending sell limit looks more ideal | 15 August 2018

15 August 2018, EUR/USD

Sell EUR from 1.1526.

Technical Observation

EUR is currently trading around 1.1327. yesterday, instead of a pullback towards 1.1524, Eur went intensely to the lowerside and is still showing signs of rallying even lower. While the price is below 1.1524, w expect nothing but a step plunge to the lower side. If you're not short already, place a pending sell limit order at 1.1524 and have your stop loss above $1.1610. If you're already in a short position, then leave this position open. As it is on the 4 hour chart, its good to remain short with this position and have your take profit at 1.10

Trade Signal.

Place a pending sell mint order at 1.1224

101% Double the volume

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Imelda Maseno
Analyst of «FreshForex» company
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