EUR/USD | Potential Downward Movement
💡 Trade Idea
📈 Sell Order EUR/USD @ 1.2047
🎯 Target Profit 1.1964
🛑 Stop Loss 1.2088
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we expect a move downward towards the target profit.
📈 Sell Order EUR/USD @ 1.2047
🎯 Target Profit 1.1964
🛑 Stop Loss 1.2088
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we expect a move downward towards the target profit.
