Eurusd downtrend. 2 hour.

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 18, 2018 2:07 PM

If we look a closer look on the 2 hour, we just broke under the "HL", red line.
Look for the pullback to the 0.618 or 0.786 retracement.
RSI almost oversold.
The bear's is "tried".

Trade begin: 0.618
Targets if complete: 1.22562
Stop loss: 1.24111
1½:1 trade!

Trade begin: 0.786
Targets if complete: 1.22562
Stop loss: 1.24111
3:1 trade! Let's go

RSI: oversold still.

Trade active

⋅ Mar 25, 2018 1:17 PM

Trade 1: begin 0.618 HIT
Trade 2: still going on.

Trade closed: stop reached

⋅ Apr 1, 2018 1:22 PM

Trade 2: stop hit.