bestfarbit74

short position set up for EURUSD

Short
bestfarbit74 Updated   
FX:EURUSD   Euro / U.S. Dollar
the strategy is simple to follow.

if the price closed below the baseline and the local trend line

we can set our short position. the target is around red zone on the chart.

closing above 1.059 has more chance to test upper level around 1.072.

so you can manage your stop loss based on those levels.




Enjoy the market
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Trade active:
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considering resistant level 1.072 tested the strategy is the same but our base line removed to 1.059 level.
if the price closed below our base line this strategy will be validate.
Trade active:
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our condition is the same. the baseline is our confirmation drop if breaks.
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