lawlee9

EURUSD - Short at resistance for a pull back

Short
lawlee9 Updated   
FX:EURUSD   Euro / U.S. Dollar
4
Faster you go up, the stronger you fall. Waiting for price to hit resistance at the trendline, and at the level we saw price range between the blue lines. If we're looking for a pull back to close the gap from earlier in the month, then this would probably be it. Long from the bottom for higher highs.
Comment:
Price is approaching the level.

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Long entry at 1.11601. Still have time left to reach that resistance. Pull back into a nice area of support.

Comment:
price broke the supporting trendline, but popped back in. Long entry at market open can be a good idea. heading for the resistance for the big retracement.

Comment:
watch for the short.
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Short triggered
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