imkeychen

EURUSD short for the week of 7.30-8.3.18

Short
imkeychen Updated   
FX:EURUSD   Euro / U.S. Dollar
For the past few weeks on the daily chart seems to be consolidating at this level, and for the past 2 weeks or so has been establishing some lower highs, with 1.17400 level getting rejected 3 times, and a large down move last Thursday, I'm thinking it's going to rebound next week to 1.17070 level and get rejected to form the high of the week and moving lower for the rest of the week. Looking to catch the short rebound Sunday-Monday, and then short the rest of the week probably around tuesday to wednsday.

EURUSD
Long Entry: 1.16375 beginning of the week,
Exist: 1.17070

Short: 1.17070
1st Exist 1.15625
2nd Exist: 1.15100
Trade closed: target reached:
First target reached
SL: lowered

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.