failathon

EU short to 1.110?

Short
failathon Updated   
FX:EURUSD   Euro / U.S. Dollar
6
Appears to be struggling on 4hr & overextended on RSIs

My concern is how it's going to look on the way down.. if we see heavy support at 38.2%, then EU is going to continue to be bullish - if it falls through that then the short can remain.

Putting in a short and we'll see how it develops...
Trade active:
Entered short @ 1.12328, SL 1.12478
Trade closed: stop reached:
Stopped out due to EU spike
Trade active:
Re-shorted with smaller parcel, with SL at 1.12601. Fault with original trade - SL was not wide enough.

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