dramadon

Short EUR/USD With Price Action/Fibonacci

Short
FX:EURUSD   Euro / U.S. Dollar
Price is below the highly renowned 200 EMA which gives me the utmost confidence in shorting the Euro but only under certain conditions. Since price has already broken and retested a zone from the 4 hour time frame, I want to see price pull back to that zone and possibly make a strong push to that 618 Fibonacci zone for the perfect selling opportunity. As always, 50 pip SL but a high TP this time of 250+ pips(1:5 Risk/Reward).

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