EURUSD / Looking to short after Price Breaking previous Low

10 May 2018

2018-5-10

1. Eur/Usd has previous broke down the Daily Support (Red Line) after Consolidating for 2 months.
2. Price just took down another Previous Low (Purple Line)
3. We look to Short this trend on a lower time frame

10 May 2018

İşlem aktif

1. A Gartley Pattern completed right inside the Resistance Zone
2. We took an aggressive Short

TP#1 at Fib 0.382 Retracement
TP#2 can be set at Previous Low/beyond since the market is trending down

Stop Loss above X-Leg

10 May 2018

İşlem kapandı: hedefe ulaştı

TP#1: Reached +18 pips

21 May 2018

İşlem kapandı: hedefe ulaştı

TP#2: Reached +200 pips

21 May 2018

İşlem aktif

We will be closing monitoring how the price reacts to current level. If price drops and breaks below, we will be looking to hop on the down trend again.