EURUSD Retrace after breakout

7 Kas 2023

Currently in a EURUSD short aiming for 30M/4HR target zone.
Looking for candle closure below 20MA on 4HR to continue bearish sentiment

7 Kas 2023

Note

Candle closure on the 4HR below 1.06891 would be great for bearish momentum
Price is approaching our 4HR FVG CE. Possible bearish breaker to form

7 Kas 2023

İşlem elle kapatılmış

Closed off parts of the trade @1.06880

7 Kas 2023

Note

Don't forget set trade to BE. Risk-free is always the way.
Remember to preserve capital at all cost.

7 Kas 2023

Note

I'd start taking some profits here guys!

7 Kas 2023

Note

Support @ 6671 bouncing off the 2day previous high.

7 Kas 2023

Note

Made a HL and price is showing signs of a possible reversal to the upside before dropping more. Risk has been off the past 12-24hrs. Start scaling out and secure more profits.
I'll look to close this trade if price hits 1:1
On the 4hr(short) fib we are at a key level to watch for either continuation of short or a close above to confirm the 4hr HL and continue the bullish overall sentiment

-UMG

7 Kas 2023

İşlem elle kapatılmış

This could play out in the next 24-48hrs but 1:1 hit so closed off trade I hope you took profits today. Till next time!

-UMG