EUR/USD: Evaluating a Short Position Amidst Consolidation

EUR/USDShortPosition3h ago3 views

Trade Setup

Entry Price

1.0836

Stop Loss

1.0900

Take Profit

1.0708

Risk : Reward

1 : 2.00

RiskReward

I'm observing EUR/USD currently trading around 1.08234, reflecting a slight downturn of -0.24% over the last 24 hours. The market has been exhibiting a distinct sideways trend, with the day's range confined between 1.07835 and 1.08633. Given the current structure, I am preparing for a potential short opportunity,

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