EURUSD: BEARISH TP: Intra to 1.1111 - 250 Pips #Forex #FxProNow
We see that price is in confluence with the Trendline and 61.8% on Fibs
The Highest price can go is about 50 pips higher
So with a 250 Pip TP and 50 pip SL
The Risk to reward is well worth it.
I will be entering again when I see another break of support and retest of the broken support on the M30 then look for the bearish engulfing and cont. looking for sells.
We see that price is in confluence with the Trendline and 61.8% on Fibs
The Highest price can go is about 50 pips higher
So with a 250 Pip TP and 50 pip SL
The Risk to reward is well worth it.
I will be entering again when I see another break of support and retest of the broken support on the M30 then look for the bearish engulfing and cont. looking for sells.
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Here is The Interactive Picture