EURUSD 240M

Hello traders!

In this trade we are looking for 25 pips on a sell from lines B to C. Based on PA at the T1 level price may not reach line D
but we never know. It`s recommended to position stop no further away than 1:1 RR away from entry, although this may vary with markets and volatility. When price reaches line B, the trade could be taken with a sell stop order, set and forget style, or could be taken depending on how each trader identifies momentum on lower time frames.

Best,
Jay