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EURCHF Resistance Test And Short Opportunity TP1 Reached

EURCHF Resistance Test And Short Opportunity

Published: 07-31-2018

Pair / Instrument: EURCHF

Time Frame: H1

The trend in the Timeframe: NEUTRAL

The trend in the Daily Chart: BEARISH

Description: EURCHF testing the 1.16000 resistance.  A bearish dragon completed at 1.1595. We have s hort opportunity

Trade Based On: Bearish Dragon and Resistance test

Accuracy: %96

Trade: SHORT

Entry: 1.15950

Stop Loss:  1.16100

Take Profit 1: 1.15750

Take Profit 2: 1.15500

Update: TP1 Reached 20 Pips

You can follow the idea: 

Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

EURCHF:  Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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