Alexander_Nikitin
Short

eur usd short opportunity.a trader's thinking proccess explained

FX:EURUSD   Euro / U.S. Dollar
We are meeting new sructure lows that tells me we are in a bearish trend right now. Price is likely to continue the trend until it shows some reversal hints. A reversal hint of a bearish move is a break of lower highs to the upside. We don't see it on this chart, so we know what side of the market we are likely to stay at. We've chosen to short the market and now we are to find some reasons to this entry. I actually found a bat pattern as a reason to enter short. I already banked the half of my position of this bat at 38.2 and rolled stops of the second half to breakeven. However, for those of you who had no chance to notice this Bat, the's another opportunity called 2618 here. 2618 is also a good reason to enter short.
2618 initialized. good luck to everyone who entered this opportunity.
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