andrew.berg
Short

EURUSD sentiment changes

FX:EURUSD   Euro / U.S. Dollar
246 4 5
Price rejected levels above 1.3800 and put lower high. It broke some important levels of support where buyers should made adjustments. Action confirmed with fundamental news.
Sellers should not give up 1.3680-1.3700 if they want to have control.
Target at 1.3400 gives us nice Risk/Reward ratio.

Update:
I made some adjustments when it failed to hold below previous low of the day, GDP from US and Consumer Confidence changed picture, but it stil             trades below 38,2% retracement level - the idea is still valid, looking for clues to re-short


Update 23.12: looks like price rejected above 1.37 (where it should), entered with my feeler today

Update 26.12: rejection above 1.37 and below 1.3660. Wedging - means battle btwn buyers and sellers. I am short near 1.37
I entered this trade short at 1.38. Still hanging in there...
Reply
rejected above 1.367 and broke down neckline on good Durable Orders
Reply
Update 23.12: looks like price rejected above 1.37 (where it should), entered with my feeler today
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out