EURUSD short idea

Still anticipating a melt lower before a continuation higher.
Market sentiment is bullish since highs are being broken.
this could be a retracement lower for a continuation. so I advise caution.
As usual, secure positions, partial, and manage risk.
Annotations and partials made in the chart

if I'm wrong, ill manage risk, secure positions, and re-assess my idea

Not

Profit target 1 achieved taken scaled out

Not

Pre-NY session, we could have retracements higher. Secure positions

Not

Trailed stops to breakeven

Not

Scaled out, minimized risk and maintained breakeven stops

Not

Would you buy a retest higher or short for a continuation lower?
Those are the odds at the Previous Day's High level
50/50 depending on how you want to position yourself.
Remember when in doubt, do nothing, and don't push your luck.

Not

The gap has the potential to hold, it may not be filled.
Anticipating collapsing all positions in the next hour.
Looking for long ideas

Not

collapsed most positions

Not

if short, secure and partial positions

Not

price dropped into the area of interest despite the uncertainity

Not

You might be tempted to go short after the breakout lower.
That's something I'd avoid doing unless you can take a micro-scalp in and out.

İşlem elle kapatılmış

Collapsed all positions

Not

Comment: Easy profit target achieved, if still in, remember to scale out.
I collapsed most positions before most targets were hit.
Approaching London open, as always, secure positions

İşlem kapandı: hedefe ulaştı

All profit targets achieved

Quantum_Labs

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

Quantum_Labs

Aynı zamanda::