EURCHF Sell Trade Setup – December 11, 2023
Entry Price: 0.94633 Stop Loss: 0.95720 Take Profit: 0.92841
Analysis:
This trade setup recommends selling the EURCHF currency pair with an entry price of 0.94633. The stop-loss is set at 0.95720, while the take profit target is 0.92841.
Rationale:
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Technical Indicators:
Risk Management:
The stop-loss is placed 108.7 pips above the entry price, which represents a 1.15% risk. The risk-reward ratio is approximately 1.5:1, which means the potential profit is 1.5 times greater than the potential loss.
Disclaimer:
This is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.