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LineTradingPilots
Jan 11, 2021 6:11 PM

EURCHF - Guess the floor is blowing off Short

Euro Fx/Swiss FrancFXCM

Description

Hi

I see a nice little short opportunity on EURCHF. My guess is that the support level we see here will be taken out shortly. The last breakout to the upside looks to me like stop hunting.
From a market structure point of view we are all over the place as well, setting up nicely for short.

Worth a punt with 1:2 RR.

Let me know what you think in the comments below. Good luck!

Trade closed manually

I am closing this trade as the momentum has died down too much for my taste. Tiny profit - better than a loss I guess.
Comments
ali92mirzaei
im keeping this for 2 days , its not acting well to res , dunno hope for short..
LineTradingPilots
@ali92mirzaei, yeah, I have just closed my trade with a tiny 5 Pip profit. It looked good at first but I am missing the momentum. Don't feel comfortable with it anymore so I kicked it.
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