TradingView
TeePeeFX
Sep 15, 2020 9:27 AM

nice and simple short setup EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

this one is nice and simple. A break of this structure gives Fib extension targets that sit directly on the daily channels bottom... Coincidence? i think not...
I'm looking for a break of this rising structure to confirm this trade. Not the biggest trade in the world, but will give a very tasty RRR is it does break and give entry.

Comment

Partial profits secured at the 1 level fib extension, and stops moved to break even. there is also a potential flag in lower time frames, which could give a nice opportunity for scale ins.
Comments
CFDStephenwood
Thanks for sharing
TeePeeFX
@CFDStephenwood, you're welcome my friend
More