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Seizing Opportunities: Key Breakdown Levels and Short Position Strategy in EUR/USD

Seizing Opportunities: Key Breakdown Levels and Short Position Strategy in EUR/USD
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Buyer liquidity began to accumulate behind the very important extreme for buyers in EUR/USD located at 1.08340.

 

seizing opportunities key breakdown levels and short position strategy in eur usd grafika numer 1seizing opportunities key breakdown levels and short position strategy in eur usd grafika numer 1


In fact, on the M15 timeframe, a breakdown occurred around the level of 1.09.

seizing opportunities key breakdown levels and short position strategy in eur usd grafika numer 2seizing opportunities key breakdown levels and short position strategy in eur usd grafika numer 2

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Market players can take this opportunity to open short positions at the test of 1.0930, with stop-loss placed at 1.09200 and take-profit set upon the breakdown of 1.08350. The trading idea came from the framework of the "Price Action" and "Stop Hunting" strategies. Good luck in trading and don't forget to control the risks! Have a nice day.

 


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InstaForex

InstaForex es una marca internacional creada en 2007. La compañía brinda servicios para las operaciones de divisas en línea y es reconocida como uno de los brókers líderes en el mundo. Nos hemos ganado la confianza de más de 7,000,000 traders minoristas, quienes ya han apreciado nuestra confiabilidad y enfoque en la innovación. 


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