ArabMonetaryFund
Short

$EURUSD SELL TRADE

FX:EURUSD   Euro Fx/U.S. Dollar
a year ago
EURUSD-0.34% has cleared stops out above 1.14580
It hasn't broken the 'Macho' high from August so that could also back up the idea that this was just a stop raid of anyone short since september and this could also suggest this latest move up is part of a bigger bearish fractal, that will eventually clear out everyone long from August, maybe July.
I have a SHORT trade running from 1.14555 and will go SHORT again on Tuesday or Wednesday, if opportunity arises (90% Likely).

{IMPORTANT NOTICES} :

After 5-10 Pips in profit, MOVE STOP LOSS TO BREAKEVEN, once significantly in profit move stop loss to a place where you'll get a good profit.

Be wary of a possible bounce at around 1.1300 - 1.1250, if we are heavy bearish then it will form a small bounce and then sell off quickly. Beware this trade may take around 2 weeks to pull off, nevertheless the rewards will be....

If price reaches back up into 1.1375 short it with a stop loss @ 1.14920

TAKE PROFIT 1 @ 1.1280
TAKE PROFIT 2 @ 1.1200
TAKE PROFIT 3 @ 1.1100

Watch this space as I will be posting more ideas to support this view and I will also be frequently posting small short entry opportunities and possible scalp trades whilst the bigger trade unfolds.
I provide signals service for free as a gesture of goodwill, and to signify that I am not a scam like most pr!cks on here.:

Just go and follow: https://twitter.com/ArabMoneyFund

**POTENTIAL** TAKE PROFIT @ 1.0850 {NOT FULLY RECOMMENDED}
a year ago
Trade closed: target reached
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