FX.co ★ EUR/USD - the quotes have reached the value 1.12 so take profit!

Good afternoon traders! Congratulations to those who followed our trading idea on June 17 , which was to open short positions on the EUR / USD pair.

Stop Hunting strategy was used to locate buyers' stops at the level of 1.12

Plan:

A short initiative with a 50% pullback occurred in the chart:

Result:

Congratulations! The movement amounted to about 1,000 pips.

Good luck in trading and make sure to control the risks!