EURUSD - Test With Retest Short

FX:EURUSD   Euro / U.S. Dollar
This is one of the classics.
close outside the L-MLH and a Test/Retest.

Since we only can play the probabilities, this is mechanical trade I'l do whenever it shows up.

Yes, it's a counter trend trade, because the prevailing trend is up. But it's also a clear sign of weakness and price want's to travel to the WL1.

Let's go...

Have you already booked your free ForkTrading BLUEPRINT?...if not, it's time to learn something new ;-)

Read the footer of this post.

Comment: Anybody in it? §8-)
...let's ride this wave hehe...
Comment: Weekly charts...they're sllllloooowww §8-)

Here's the Daily for amusement:

Comment: Approaching the TGT:

Comment: TGT moved to 1.2045...the WL1 Support.
Trade closed: target reached: Target missed by 10 Ticks...took it@ 1.2060 - TNX Mr. Market. §8-)
forker SN_Doumet

Liky! §8-)

Thanks for sharing.
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