EUR/USD - the quotes have reached the value 1.12 so take profit!

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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:

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

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Result:

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

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

The material has been provided by InstaForex Company - www.instaforex.com