#intraday_trading #EURUSD is possibly bearish Opportunity: S | OctaFX Official
#intraday_trading
#EURUSD is possibly bearish
Opportunity: SELL Main pattern: Strong resistance pullback Explanation: The blue line represents a long-term trend and displays a bullish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a reversal of the long-term trend. Order type: Market Sell Risk-reward ratio: 1:1
Entry point: 1.04491 Stop Loss: 1.04751 Take Profit: 1.04232
These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it.
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