Marenno
Short

EURUSD What has just happened, or why shorting is possible

FX:EURUSD   Euro Fx/U.S. Dollar
a year ago
On a 15M chart we have a bearish chart pattern

The price has shown a large enough "tale, what confirms a rising wedge pattern, where the past of the pattern classical can be a target, but it's classic, so just thinking about RR, the sell might be a good idea.

Price is currently at 61.8% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to previous swing Down
Will look for a bearish short term entry setup (based on 1H chart, trade will be left for minutes, but position will be closed in parts and using a trailing technique, will try leave it open for a maximum period possible) at around 1.1010

This short term trade is at high risk with a low probability factor, but as a trader, I can not ignore the signal, so short stops and short targets must be applied
a year ago
Comment: Is it a breakout confirmation fellas?

snapshot
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