Hi Guys!
Here's a little trade idea for the swingers out there.
EURUSD
SHORT
1. Major Trendline acting as RESISTANCE
2. Market Structure tells us we are currently bearish
3. Rejection at Major Resistance Zone
4. Buyer Volume is getting lower, Bulls getting weaker as more bears start to enter the market
5. Looking to fall to nearest support before a potential Bull push. But for the moment we are looking for short setups.
Goodluck and safe trading.
Jacquestan
Here's a little trade idea for the swingers out there.
EURUSD
SHORT
1. Major Trendline acting as RESISTANCE
2. Market Structure tells us we are currently bearish
3. Rejection at Major Resistance Zone
4. Buyer Volume is getting lower, Bulls getting weaker as more bears start to enter the market
5. Looking to fall to nearest support before a potential Bull push. But for the moment we are looking for short setups.
Goodluck and safe trading.
Jacquestan
Comment:
Trade played out really nicely, looking for TP2 :)