EURUSD Shorts.

EURUSD has gone to the previous resisting Trend Line
the 4th time now. Expecting a continuation after price action gave 2 pin bars like that rejecting 1.135600.

My stops are 1.13850 just above 0.718 retracement.

Targeting 1.11800

A break of this CTL (Counter Trendline) should be confirmation that we are heading lower down.

Yorum:

12 hours later we finally have a break and close of the trendline. However we did not close below the orange supporting region.

Lets see if we get some follow through to push us lower.

There is also news tomorrow so if we are resonably in profit will be setting stops to B/E

Yorum:

Still no break and close on EURUSD below the orange support.

Really just waiting for a break of this level for shorts.

Yorum:

I have set a sell limt at 1.13450 with stops right above all the noise.

20 pip risk for a potential 200.

Lets see how it plays out!

İşlem kapandı: durdurma seviyesi