ForexStoryteller

Last of the 3.... A Short Short

Short
OANDA:EURUSD   Euro / U.S. Dollar
Looking at the overall structure and just applying what I know about EURUSD behavior, it goes the wrong way first, so I think short from the major level at 1.1072 is a possible play for the price to move at least down to the breakout zone. Hourly is showing acknowledgement of the peak around the 1.106 starting rejection. Expecting price to run up and catch the entry, then drift back down slightly.

27 pips of risk, Hedge stop in place of Stop Loss. We never had a real stop run anywhere so far so a little cautious about it just running away yet, there are more orders to fill....
Order cancelled:
Missed again... No worries, get the next one. Stop run is the signal I'm looking for, it's a dead giveaway about where it's going 🐒
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