ForexDreams

EURUSD - GAME PLAN: SHORT

FX:EURUSD   Euro Fx/U.S. Dollar
97 0 3
Looks my gut was right, it is a reversal. I didn't have the commitment to ride my previous Short trade, so how do we get back in at the best possible place.

Well I think move 1 is done. I'm hoping it pull backs to our centre line at 1.13950 which will be our best entry point for move 2.

I have a theory that this could take another 6 hours, but it seems it's already nearly there. We'll see.

Proposed trade:

Entry: 1.13950
SL: 60
TP: 210
R:R 3.5
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