vlad.adrian
Short

EURPLN - Multiple false breakouts

156 2 1
Leaving aside the weekly chart which is more bullish than bearish
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, ignoring the MACD lines, ignoring the bearish candlesticks , the fact that we have multiple false breakouts is reason enough to go short. You just can't ignore so many false breakouts. The MACD divergence is the cherry on top.

I'm shorting now, and I'm looking for 4.17 and maybe 4.14. I will add once I see the impulse is red.
26.11.2014 closed half
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Price reached my support zone
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11.12.2014 closed out
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