SMC
Short on EURUSD pairIn daily chart EURUSD formed the bearish candle with strong selling Volume candle.
In 4hr Time frame it has formed Falling Wedge Pattern and make breakdown for downside.
-------------------------------------------------------------------------------------------------------------
Risk and reward In this trade will be 6:91
Entry At : 1.09761
Sl will be : 1.10307
Target 1 : 1.08394
Target 2 : 1.07164
Final Target : 1.05990
---------------------------------------------------------------------------------------------------
This is education purpose trade.
Please take advice from your financial adviser before taking any trade in live market.
-----------------------------------------------------------------------------------------------------
For more update Stay tuned with us.
Trading Cafe 24
Thank you
SMC 2 trades 7.5 RR and 3.75 RR1 trade buy : I was looking for an order block on the 1 hour timeframe, I found a buy position, I waited for choch or bos to do it, then I entered the trade, it happened as expected, then I waited for an order block in the demand itself on the 1 minute timeframe as seen in the picture.
2 trade sell: In basically the same principle, I found an order block on a 1-hour timeframe, I waited for bos or choch to do it, when the price returned to the demand, I looked for an order block on a 1-minute timeframe and entered the trade.
btcusdt shortbtcusdt has make doubel top ion 4h tf and 1hr time frame
it is consloding in chaanel in 15 mintue timeframe
and had make double top on 5 min timeframe
if 15min candel closes bwlow the red line we will get two entry opppurtunity got trade
slected your entry and hold it till target thank you