Technician
Short

(Cancelled) EURUSD: Simple short on Fibonacci confluence

FX:EURUSD   Euro Fx/U.S. Dollar
3745 9 33
Update: I cancelled this trade.

Simple short on harmonic Butterfly and Fibonacci confluence . Lets see how it goes..

Trading Criteria:
1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game

Good luck...
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Technician
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yeah, i think 1,0830 is a clear objective
+1 Reply
hamad919 yuantrader
Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
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Liking the touch towards the 50EMA (on the daily) which seems to be continuous resistance

Always enjoy your ideas.
Tom
+1 Reply
Technician TOP Tom_Killick
Thanks mate
-1 Reply
Mates, I cancelled this trade.
Reply
ashif030 Technician
okay.....
Reply
stop out @1.09400
Reply
Im going for the bat pattern instead of the gartley/ butterfly combo
Reply
dionvuletich dionvuletich
around 1.0970ish
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