Vic_Tech_Trader

EURUSD 1HR SHORT (ONLY IF CONFIRMED)

Short
Vic_Tech_Trader Updated   
PEPPERSTONE:EURUSD   Euro / U.S. Dollar
Good morning, everyone. Here on EURUSD I see a possible 100% retracement back to the previous candle before fundamentals dropped which caused that huge spike. This morning during London session, the market created a new high possibly trapping buyers who were expecting another breakout to the upside. I expect this to fall all the way back down, however, in order for this move to be confirmed IT MUST trigger the sell stop. If order is never triggered and it continues to go higher, than no harm, no foul. Once market retraces 100%, I expect it to start making new higher highs and higher lows until it reaches resistance at 1.11110

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Order cancelled:
EURUSD seems to be climbing to the next resistance zone, potentially to close the gap. OB zone now is a point of interest for the near future. Pending order was not triggered, so no harm, no foul.

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