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spascoe92
Jan 4, 2018 6:20 PM

EUR / USD Possible Sell Opportunity  Short

EURO / U.S. DOLLARICE

Description

Trendline Bounce Opportunity : Previous bounces from the trendline which shows strong resistance, Muiltisession M on the 4HR. Potentially retrace to the 0.5 / 0.618 Fib area which matches up the support trendline and also the 50 SMA on the daily

Entry Zone : 1.20900

Stop Loss : 1.21050 (15 Pip stoploss, place sell stops at stoploss price if it hits)

Take Profit 1 : 1.20580 - Water 50 EMA (15 Minuet Time Zone)
Take Profit 2 : 1.20370 - Mayo 200 EMA (15 Minuet Time Zone)
Take Profit 3 : 1.19800 - Blueberry 800 EMA (15 Minuet Time Zone)
Swing the rest to the trend line

Comment

All take profits hit. If your still in the trade move stop loss into profit and swing it to the downside!
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