You snooze you lose! EURUSD short now! Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 3, 2020 5:30 PM

You snooze you lose! EURUSD short now!

Comments

kstiks

⋅ Jan 3, 2020 5:47 PM

I did not understan seems so, When to get out after sell?

sakhilemasango

⋅ Jan 3, 2020 5:40 PM

You mean go long? That's a clear reversal candle on a support zone

Trader2theMax

⋅ Jan 3, 2020 6:21 PM

@sakhilemasango, this is a short if you look at the 1 day chart

TrojanFX

⋅ Jan 3, 2020 6:30 PM

@superiorinn, Yeah, there's resistance building up on the 1hr

TrojanFX

⋅ Jan 3, 2020 6:29 PM

@sakhilemasango, Remember, the day is not over yet, the daily candle hasn't closed and this is forex, anything can happen

Trader2theMax

⋅ Jan 3, 2020 6:54 PM

@TrojanFX, i fully agree!!

sakhilemasango

⋅ Jan 4, 2020 6:08 PM

@TrojanFX, Well, looking at the closing price of the candlestick, it is no longer a valid reversal. Now I would say short with 75% confidence.

Trader2theMax

⋅ Jan 4, 2020 6:25 PM

@sakhilemasango, 20 more pips lower

sakhilemasango

⋅ Jan 4, 2020 6:55 PM

@superiorinn yep

Trader2theMax

⋅ Jan 4, 2020 8:22 PM

@sakhilemasango, thanks for agreeing