What the market telling me is I have all the reason to short the EU. Just a simple PA context with counter trendline break .
Trade active:
Market pulls back at the back trendline at 1.0880-1.0900 area and looking for adding short position ..
Trade active:
London session drives the EU down with bearish engulfing bar ..let us see if 1.0800 level will hold until NYSE opens.
Trade active:
Still Holding my short position as the price started to flirt at the back trendline and got rejected .
Trade closed manually:
Profited few bucks but not a losing trade