mulchen

EURUSD - Potential pullback for short !!!

Short
FX:EURUSD   Euro / U.S. Dollar
Hello everyone, if you like the idea, do not forget to support with a like and follow.

The following confluences have been observed and satisfied with the direction of market. Our trading plan is to bid at better price and hoping the market pick up our bid and move further with trend.
The bidding plan should come with expiry date. Once expiry date hit, the order plan is no longer valid.


D1/M55 (T.Cont.A-Clim.VPOC)
1. (D1)(Y)(MUST) AutoClimate has statistic edge for moving down (Curr:1 / Std:4.66)
2. (M55)(Y)(MUST) Has valid UFO area with strong three soldiers with very small wick
3. (M55)(Y)(MUST) VPOC inside UFO area
4. (M55)(Y)(MUST) EMA200/100/55 should align with EMA9 Daily
5. (M55)(Y)(MUST) EMA9 Daily inside slightly near VPOC area
6. (M55)(Y)(MUST) Stoch (14,3,3) above 50



D1/M55
EURUSD SELL @ 1.20870
SL 1.21065 (19.5)
TP 1.20285 (58.5)
EXP 2021.02.25 00:05 UTC+2




Note! Any trades you decide to take are your own. The trades shared here are for educational/informational purposes only and are Mulchen's personal trades.


Good luck!
~Mulchen, CISSP
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