Hi all,
Looking to short EUR/USD as EUR is currently weak and USD strong.
Previous demand (structure) have been taken out by the sellers creating a fresh leg 1 meaning that the sellers are back in control for further downward momentum.
Currently awaiting pullback to supply for entry.
Looking to short EUR/USD as EUR is currently weak and USD strong.
Previous demand (structure) have been taken out by the sellers creating a fresh leg 1 meaning that the sellers are back in control for further downward momentum.
Currently awaiting pullback to supply for entry.
Trade active
Comment:
Currently running 149p, SL moved to a minimum of 50p profit.
Trade closed: target reached
Expecting EUR to spike up if the rates are unchanged as that is what price did last time.
In this case of event I am looking to go short at 1.1316 instead of 1.11.