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MitchellShoesmith
Jan 1, 2017 2:40 PM

EUR/USD - SHORT Short

Euro Fx/U.S. DollarFXCM

Description

I still have a long term short bias on this pair after breaking down below a key support of 1.05200 with the daily and weekly candles still looking very convincing for a big short.

Lower time frames i have missed this entry here which i would've taken on the CTL break on the 1h TF.
However if this moves the downside i will look at PA around the 200EMA and 38.2% fib for a possible rejection and retest of 1.05200 before the big move down.

Target set: 1.02850.

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