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ScottMescudiForex

(CORRECTION) EURUSD : Monthly resistance TOO STRONG!?

Short
Euro / U.S. Dollar (FX:EURUSD)  
ScottMescudiForex Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Beyond Technical Analysis Chart Patterns EURUSD eurusdshort eurusdforecast eurusdprediction eurusdidea eurusdsell eurusdsignal eurusdanalysis
15
4
trendanalysis beyondta chartpattern eurusd eurusdshort eurusdforecast eurusdprediction eurusdidea eurusdsell eurusdsignal eurusdanalysis
This trade is very interesting. We are looking at a war between the bulls and bears since we went near that monthly resistance. Until it can stay above that line on the daily timeframe , I am suggesting a short with a nice RR. For more details, look at the analysis above.

Trade safe!
Trade closed: stop reached:
EURUSD made push late in the afternoon that hit our SL.
Comment:
I might re-open my position if this wick proves to be what I expected from this pair
Trade active:
This is too beautiful to pass on.

I re-entered this trade with same SL's and TP's.

Trade safe!
Trade closed: target reached:
We had a trailing SL to protect our capital. This trade had a 80 pips gain and we managed to get out 29 pips before the bullish move.
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