EUR/USD - Short Set up - 100 Pips profit?
The EUR/USD reached last week the 50er Fibo Retracement in the area of 1.1160.
As the EUR/USD couldn´t close above there was a nice short opportunity with a risk of around 20 Pips.
If you missed the short - there will be a second chance again!
You could short the pulllback to 1.11 with a stop of around 30 Pips.
The first target could be in the area of 1.10 and the second one in the area of 1.09.
EUR/USD stay short until the last high will be taken in the daily chart.
Always keep in mind to reduce your risk fast and move the Stop Loss to the entry point if you have the chance.
Good trades and stay in business
As the EUR/USD couldn´t close above there was a nice short opportunity with a risk of around 20 Pips.
If you missed the short - there will be a second chance again!
You could short the pulllback to 1.11 with a stop of around 30 Pips.
The first target could be in the area of 1.10 and the second one in the area of 1.09.
EUR/USD stay short until the last high will be taken in the daily chart.
Always keep in mind to reduce your risk fast and move the Stop Loss to the entry point if you have the chance.
Good trades and stay in business
Penafian
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