EURUSD - DECEIVING LONGS Short

Euro Fx/U.S. DollarFXCM

Description

⋅ May 20, 2021 6:22 AM

Hi all,

I'm looking to short EURUSD to the downside after it failed to close above previous daily highs, signalling a bearish bias.

We can also see a bearish H&S pattern on the H1, which is a good reversal pattern.

-L

Trade active

⋅ May 20, 2021 6:42 AM

market entry as it was a pip away

Trade closed: stop reached

⋅ May 21, 2021 5:29 AM

Comments

Jal121

⋅ May 20, 2021 3:27 PM

Nice analysis

farooqsdk

⋅ May 21, 2021 3:02 AM

but its high now.

Lenguito_Forex

⋅ May 21, 2021 5:29 AM

@farooqsdk, Trade didnt go in my favour, however its part of trading.