EURUSD - SHORT

I opted to enter for short on this pair. Stop-loss orders have their place, and I trusted my eyes more than my heart.

Short Bias for the upcoming week.

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**First Scenario - Short:**

First Target: $1.0825
First Target: $1.0805

Entry: $1.0851

Stoploss: $1.0854

**Second Scenario - Long:**

Initial Target: $1.089

Entry: $1.0854

Stoploss: $1.0844

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Take into consideration:

Psychological Resistance at $1.086

Psychological Support at $1.08

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NFA
DYOR

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Good Luck!

⚠️Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.

Comment:

This was a stunning whipsaw where the victim was simultaneously victimized in two different ways.

Comment:

Whipsaw pattern formed again! ... Price already in my area of value, just waiting for the market to tell me to get in on a short.

If you place very tight stop losses (very close to the entry point), you may be affected by sudden volatility in the market, which could cancel your stop loss.

Trade closed: target reached:

2nd time target achieved !!! Great Trade