EURNOK: TOP DOWN ANALYSIS SWING Short

Euro Fx/Norwegian KroneFXCM

Description

⋅ May 29, 2019 7:35 PM

EURNOK SWING SHORT

- Weekly (Bearish): Multiple indecision candles with a bearish rejection
- Daily (Bearish): Bearish candles overpowering bulls
- 4hr (Entry): Head and shoulder with trendline break. Tweezer tops off new down trendline & 50 MA

EP: 9.74527
SL: 9.80945
TP1: 9.68129
TP2: 9.64723

pipkingsfx.com

Trade closed: stop reached

⋅ Jun 11, 2019 5:06 AM

Unfortunately SL hit. Lots of indecision candles on the daily timeframe. Going to wait for a cleaner structure.