The808Trader

EUR/USD - Ichimoku Short Trade Idea

Short
FX:EURUSD   Euro / U.S. Dollar
This pair broke below the cloud last week and is starting to show some strong bearish signs. I've drawn the level I want to see broken in order to enter a short position. If price moves that low we should get a bearish TK cross that will help confirm a bearish move. If we fail to break the entry line I drew, or fail to complete a bearish TK cross, this setup may become invalidated. I will also be watching the bearish kumo to make sure we don't twist back to bullish.

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