WaveAnalysis
Short

EURUSD Short Trade Setup

OANDA:EURUSD   Euro / U.S. Dollar
Hello Traders

We should be in the weekly corrective structure which will be running or expanding flat. What I'm expecting is one more down impulse for the completion of B wave. Therefore I'm looking for short trade setups. As you can see, it got a reaction from the confluence area between 0.500 retracement and 0.272 extension and the drop can be the potential reversal impulse. That's why I placed an entry order below the bottom. My minimum target is the breaking of the previous bottom.

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Trade with care.
Bulent
@WaveAnalysis Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
+1 Reply
WaveAnalysis IgorPorokh
@IgorPorokh, Thanks, welcome.
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I see Your vision, Bulent,
But I'm still looking after Klejdi's Target 2

Reply
@quql, Hey man. I think it's possible, but I'm taking my decisions based on a running flat which could be over at the previous top.
Reply
quql WaveAnalysis
@WaveAnalysis, Your stoploss was perfect !
do you fix some profit?
Reply
@quql, When I saw sideways moves I removed the entry order :(
Reply
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