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itaskar
Aug 18, 2014 10:21 AM

price near slope resist Short

Euro Fx/Japanese YenFXCM

Description

-short on purple line(expecting 137.5X area)
-stop above previous high(137.7)
-targets in chart...final target is based on weekly chart, daily chart target is around 136.40
Comments
itaskar
trying another short based on this daily, with 30 pips stop, its little big dangerous because we broke resist in 60 but I can see now resisit in downtrending fork and potencial resist in uptrending(blue) fork too, so maybe a pullback is coming
itaskar
there was nice pullback, closed my position at 137.32
itaskar
target done, there is possible support right now
itaskar
chfjpy, maybe better choice to go short, stoploss just 20 pips above
itaskar
I am in trade now, but not so good stoploss(35 pips)
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