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jahhlee
Feb 28, 2021 11:44 PM

EURUSD - Potential Sell Setup Short

Euro Fx/U.S. DollarFXCM

Description

Look at EURUSD, I see we broke market structure and started pushing down. Here, I am expecting a retest of the old support price level then a continuation of bearish power. In addition to that, EURUSD's rising wedge is a big reason as to why I'm bearish as well.


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Comment

EURUSD didn't make it all the way up to the retest zone, but I personally took sells off the trendline rejection. Going to let price develop more before trying to find another entry.

Trade closed: target reached

Touched the retest zone then went to full tp.
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