You trade the EURUSD? Take a look at this signal

Written by Raul Lopez on . Posted in Trades & Analysis. 6 Comments

The EURUSD it’s been trading in a very clear bearish condition since last week. Since then, I’ve been waiting for a small retracement.

And today, we’ve got the retracement:

Here are my entry details:

Entry: 1.2269
SL: 1.2332
TP: 1.1919

What do you think of this trade?

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
  • Sean Hill

    Kicking myself now

    • Raul Lopez

      Dont worry, you’ll get more opportunities… Have a great weekend! 

  • Ian Gitiha

    I like it

    • Raul Lopez

      looking good… 

  • Sean Hill

    I don’t NOT like it. I agree with the short, the retracement etc, but I’m timid of the ascending resistance line from about 1.2170 to 1.2250. Thoughts on that? I think I’m going to wait until that breaks just to be assured.

    • Raul Lopez

      Hey Sean, I do agree with you, once it breaks the support level I’ll feel way more comfortable with this trade.

      Cheers,

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