EURUSD [Pending Short]

Short Setup
- Sell Stop

Setup Entry:
- Entry: 1.12068
- Stop: 1.12279
- TP1: 1.11482
- TP2: 1.11039
- TP1 Reward: 2.78
- TP2 Reward: 4.88

Trade attivo:

I have a different way to find a high entry but more risky.

I was using 50% retrace to previous pin bar as Sell Limit order.
My entry is: 1.12273

I still think Stop order below previous bearish bar is less risky.

Commento:

My TP1 Reward is 6.9
My TP2 Reward is 10.4

Commento:

The trade already triggered, and retrace higher, I have miss the first Sell stop order I will get into as market order if price still above the entry to get more reward if it worked out.

Commento:

If this setup fail, I will wait and watch on H4, it should have a more aggressive push up I will then look for take it down again.

Commento:

My goodness 1.5 pips away from Stop out!

Trade chiuso: stop raggiunto:

Spike out!