Last night, EURUSD was a solid short. See my last post for more info. No reason why we wont keep falling towards the low pivot line once we break out this range. 30 pips up so far, hopefully we can break out, because it's another 30-40 pips to the bottom of the channel.
Trade active:
if my stochastic shows any bullish divergence, or price retraces back top of the range, I'll be sure to post again. That seems like the best entry point.
Trade closed manually:
Took profit, looking like a pull back is coming. Strong rejection at the bottom of the range, and stochastic is crossing under 20. This pullback would be a good chance to get back in, but it's almost lunch time so I think I'm done for the day.
