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HarryHadgeHutchison
Sep 19, 2016 10:17 AM

EURUSD scalp after Fridays STRONG Bearish movement. Short

Euro Fx/U.S. DollarFXCM

Description

After Fridays data releases saw the pair react bearishly, EURUSD has appeared to find some support around the 1.11500 area and formed a M15 double bottom. Due to this behavior i will be anticipating some re-tracement on Fridays move, then followed by a continuation of the bearish move after the 61.8% re-tracement level has been achieved. To add confluence, the 61.8% level also coincides with an H4 order-block.

Trade active

trade running nicely.
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