Ethan_FX

EURUSD Short

Short
FX:EURUSD   Euro / U.S. Dollar
Just caught a really good trend.
Price rejected the resistance at 1.08859 and started to put down heavily.
The bears took the charge big time.
RSI and Stochastic were in heavily bought territory.
MACD crossed over and i enered.
I got in this one at around 1.08742 with SL at 1.09000 (placed after the recent high as i didn't think it would reach that high again).
TP at 1.08228.
We took a really nice 50 pips in this one in the space of just under 3 and a half hours.
Looking to pick up another trade (long) as i think we will see a rejection of the support at 1.08192.