EURUSD Selling Opportunity

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A good selling opportunity for EURUSD. A bearish pin bar has formed from the above trendline on both daily and 4hr time frame. And the price has continuously rejected the trendline which has act as resistance. A sell stop is placed at 1.1345 once the current support (1.1360/50) breaks. SL is placed above the the trendline which is 1.1400. Profit target would be 1.1215 which is the next support level on daily time frame.
Dagangan aktif
Sell Stop opened at 1.1345
Dagangan ditutup: sasaran tercapai
Target reached with 130 pips.
Chart PatternsTrend Analysis

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