VladimirRibakov
Short

Sell the EURUSD after the rally

FX:EURUSD   Euro Fx/U.S. Dollar
Wait for the H4 cycle to complete itself near the trend line and the horizontal resistance. The sell zone we are following is around 1.1150-1.1200.

Sell the Euro             once the price reaches the sell zone and creates bearish divergence or more conservatively would be to also wait for a breakout below the most recent up trend line that would form.

Target 1 – 1.1060.

Target 2 – 1.0960.

Stop Loss – above last high to be created.
fxdemy
a month ago
Good setup. thx
Reply
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