Renkotrade

EURUSD SHORT after Fake Breakout

Short
FX:EURUSD   Euro / U.S. Dollar
Hello to all watching my charts.

Today we have seen a really fake breakout to the longside
up to

1.1149

and than all support have been broken.

This is normal in a fake breakout situation.

It runs above the last high only to shoot down
after that under all supports.

We can see that on the fed meeting in realtime also.

Now Short has been established and next bigger support is far away at
1.0830 this should be the first target for short.

Good trades

If you want to support my work please like them...

and if you want to know more about my trading style
please send my a boardmail.

Renkotrade

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