tntsunrise
Short

EURUSD PULL BACK AND RETEST THE NECK LINE

FX:EURUSD   Euro Fx/U.S. Dollar
5956 20 134
EURUSD             PULL BACK AND RETEST
THE NECK LINE
1.1330-1.1350 is very important structure
that previously act as resistance and support

we see a correction move in a small channel
and it may ends at this zone
Short eurusd             if price can not break thought
this level and this is for a trend continuation
after this correction ,a nother downward move
is expected to at least 1.1150 level
Comment:
snapshot

NICE REJECTION
Comment:
snapshot
Comment: Eur breaks the channel
Bearish Trend Continue
Comment: NOW IS 1.1222 BREAKS NEW LOW.
EUR IS GOING DOWN
Comment:
snapshot
Comment:
snapshot
Comment:
snapshot
Comment:
snapshot

Completed retest.
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NunoNascimento NunoNascimento
Hi TN agree with the trade setup, however in my opinion the entry is not at that level but a few ticks above in the FIBO extension from last swing leg low/High at 1.272

This level also matches a bigger congestion area on the left side of the chart
Reply
tntsunrise TOP NunoNascimento
great you are using fibo as your tool. if price do go that zone you can short
Reply
NunoNascimento tntsunrise
yes, that is my trading plan setup
Reply
hi! just a question... Can "ZEW economic sentiment" news change our plans?
Reply
doesnt matter : if the news is against you, get out of the trade. if the news is in your favour, congrats, you win.
the key is: if you stopp, you lose small, if you win, you must win big.
+1 Reply
Pinin675 tntsunrise
i think this news is against our trade... what do you think about it?
tnx for your reply, you're a master
Reply
EXIT?
Reply
Mannaggiachitammuert'
+1 Reply
RamaDeda Pinin675
LOL
Reply
Eur/Usd - Short time long
+1 Reply
Jack,

What do you think so far? Price hit
Reply
REJECT AT 0.618 LEVEL
Reply
Here's a Libra for you Jack.
snapshot
Reply
Hi Jack, I ve seen a perfect inverted / bearish pin bar (doji) on the four hour chart of EURUSD at the end of the upward trend. Does that confirm a downward trend?
Reply
Should we short now?
Reply
already short at 0.618 level
Reply
bunah2 tntsunrise
Hi Jack,

There is a news for EUR in less than an hour. any thought?
Reply
I think that we should wait for EU decisions on interest rates before taking actions :)
Reply
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