Place a pending sell limit order at 1.1425 | 16 August 2018
16 August 2018, EUR/USD
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Technical Observation
After breaking below the supportive trendline, Eur pulled back to the same line twice but could not break any higher. While the price is below this trend line, I expect a possible bounce from it to pick another short position. ideal here is not to go short now, but to wait for a third pullback to the same line then pick that position. You could technical place a pending sell limit order around 1.1425 with your stop loss above 1.1495. With this position, you take profit should be fixed somewhere around 1.10 and the next at 1.001.
Trade Signal
Place a pending sell limit order at 1.1425
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
