Tradingwithtamil

EURUSD:SELL ON CORRECTION BREAKOUT!-BEARISH.

Short
Tradingwithtamil Updated   
FX:EURUSD   Euro / U.S. Dollar
Hello traders,

SELL PLAN FOR EURUSD@CORRECTION: The pair is open for real quick short.

In a 4hr time scale, the chart printing signals at the price range of 1.16791.

At 1.15404, the market got a deviation from previous trend behaviour and pulled the price range in continues lower and high structure (shown in the graph).

ADD-ON: This kind of structure formation helps the market to keep the price range in a high zone.

But the price range broke the pattern at 1.17239 and marked the candles as a correction and impulse (shown in the graph).

By this behaviours, I'm predicting a chance for correction formation from current price action.

If the correction pattern executed means, it will add extra mileage to the sell command.

Place your take profit level around 1.15171 for a good SHORT.

On the other hand, if the chart emitted an impulse means, end the trade at 1.17313.

EYES ON CHART AND MAKE YOUR MOVE.

SIGNAL SPECIFICATION:

Pair: EURUSD

Order: SELL

Entry:1.16791

Take profit:1.15171

Stop loss: 1.17313

Risk Vs Reward: 3.1

Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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Trade closed: stop reached:
STOP LOSS HIT. 52 pips up.

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