Rendon1

EURUSD short, possible rejection

Short
Rendon1 Updated   
FX:EURUSD   Euro / U.S. Dollar
Pair in downternd. Based on 8H chart I can see potential rejection in 1,13500-1,13600. Don´t enter at entry line blindly. Don´t FOMO. Price will go above the entry line example tp 1,13700(false breakout). Wait till it closes back under entry line or under the previous candle. Look for rejection candles on 4H or 8H chart (bearish engulfing, evening star). SL is 1 ATR from daily. Alternatively you can use 1,2 ATR but there is worse RR ratio. This is not a financial advice. Good luck.
Comment:
Enter now at current market price. 1.1348
Comment:
If you have open trade close 50% at 1,12966. Possible pullback. Don´t be greedy, don´t let your profit to dissapear.
Comment:
TP 2 done.

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