Direction:
short
Target: TP1
– 1,3230
Protection:
SL – 1,3320
Our setup:
1,3270
Background:
On EURUSD we are precisely in the middle of a range. Between 1,3320 and 1,3230.
Normally and usually the traders don't really prefer and like to avoid the side
way moves. Today in our scenario the EURUSD might be testing the downside of
the range. Could it come tumble to 1,3230. It is not a perfect position and
today is Friday so the market can be pretty volatile, but we have a stop level
so we have to take a hit.
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