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danicky

EUR/USD - Short (Re-Enter)

Short
Euro / U.S. Dollar (FX:EURUSD)  
danicky Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis
5
0
trendanalysis
In previous EUR/USD idea, price didn't met our trading plan, so we had to cancel it! Now we can re-enter safely with good R/R of 4 as price is reaching channels resistance level, with resistance level below it, where we can catch big breakout candle...
Comment:
snapshot
On 4H timeframe, price rejected channels resistance...
Waiting for price to get trapped between (Channels Reistance and Resistance Level) and make a brakeout...
*Sell only after breakout*
Comment:
snapshot
70 Pips in profit...good job
Comment:
snapshot
Before continuing down, we need to reject this small resistance zone on 1H timeframe!
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