Vachus
Short

Why EURUSD has reached the top ?

FX:EURUSD   Euro Fx/U.S. Dollar
147 1 1
The Daily chart shows a nice price movement pattern of the last 6 months. Basically price was removing resistance of odd numbers : 1.27 , 1.29 , 1.31 , 1.33 , 1.35 , 1.37 while stopping at or a bit above the even numbers ! 1.28 , 1.30 , 1.32 , 1.34 , 1.36 , ... The pattern was maintained during major fundamentals and global macro economic changes. You can see that on at the designed numbers. So, in my humble opinion this Euro             break was little on fuel since it never returned to reload its power from 1.34

Sell EURUSD             1.38050
Stop lose 1.38600
Take profit 1.34050

Trade wise and with sound money management
Vachus
3 years ago
Trade Update : If you care to be a bit greedy , take partial profit at 1.34 - while leaving the main entry on break even and new take profit : 1.28
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