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TomKirk
Aug 10, 2018 9:11 PM

EURUSD range congestion resolution Short

Euro Fx/U.S. DollarFXCM

Description

-10 Week Descending triangle
-Bol band squeeze into expansion out of boundary
-Area to watch is 1.13650. May stall as is the level 200SMA weekly is situated
-Measured move down towards 1.11790

Again, late post of trading plan as was playing golf.
30 basis points of risk

Trade active

Short @ 1.14707
SL @ 1.15375
TP @ 1.11825

Comment

SL@ 1.1485
TP @ 1.1187
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