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DAVID_GIRALDO
Aug 16, 2016 4:57 AM

eurusd short setup Short

Euro Fx/U.S. DollarFXCM

Description

i had exited my previous long positions as i did not like how markets were impusing up, now that i have have taken another look at how structure is developing i came to this conclusion. if price manages to breakout i will be a seller. i expect tp1 to hit. tp2 and 3 we may have to book profits early. price action will tell us what to do. this setup has a high probability of breaking out.
short eurusd breakout
- abcwxy correction
- RSI divergence
-failed impulse
-expanding triangle

entry: price breakout
sl: high or 10 pips above high before b.o.
tp1:1.09525
tp2:1.09135
tp3: 1.07710
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