EURUSD, 15-minute timeframe chart
EURUSD formed a bearish Evening Star pattern
đ Level explanation
The pair moved up to the resistance level of 1.08545. Now, the price displays a bearish Evening Star pattern.
đ Possible scenario
The best way to use this opportunity is to place a Sell order at 1.08445.
Set your Stop Loss at 1.08715 above the previous high ($2.70 loss for 0.01 lot) and Take Profit at 1.08175 ($2.70 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
The upcoming news will not influence your orders within the mentioned period.
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