TradingView
raegenius
Dec 23, 2015 4:38 AM

Critical point for EURUSD @ 1.0935 

Euro Fx/U.S. DollarFXCM

Description

horizontal support coupled with pin bar on hourly chart gives the inclination to go long, however noting the overarching downtrend of the EURUSD and a possible break of the diagonal support being setup here with a doji on 4hr chart, there is also an inclination to go short.

Looking to take short focus below 1.0935 with a TP of 1.0910 and SL @ 1.0952 staying flat for now.

Trade closed: target reached

More