SeremoniaFx
Short

EURUSD, DAILY (with hierarchy & length of bearish)

FX:EURUSD   Euro/U.S. Dollar
MAY 15.2015. GU down, EU down, EJ             down, UJ up.

Approximate length of bearish is 10 bars (10 hours). From the first trend shown up, there will be bearish fluctuation until approximately 10 bars. After that it could go short again or up.

EDIT: 4:30 Server Time (Metatrader) / 1:30 (TradingView): From the first time trend shown up, there will be bearish fluctuation until approximately 5-7 bars (5-7 hours), after that it could go short again or up.

Latest chart for EURUSD             MAY 15.2015/16:30 (Metatrader)/13:30 (TradingView). As previously analysed, approximately bearish until 5-7 bars.
https://twitter.com/SeremoniaFx/status/599024906920132609
https://twitter.com/SeremoniaFx/status/599207360012365824
You see those previous small red candles, It's telling you something about the resistance line, probably the resistance wasn't strong enough to push them down. Look out for break out towards north. The bullish candles do show the strength of Buyers. Now the probable assurance for a bear sentiment, if i were you I would wait for break down to the lowest low of the previous big green candle.
Good Luck :)
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SeremoniaFx JamesKabyemela
Thanks, i am busy for today, so i must OP early, that's why i am planning my stop loss is closer to the end of today or at least 20,30 or 40 pips. Which come first, target pips or i must wait until the end of today or both. Thanks anyway for your suggestion :-)
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