captain_smollett
Short

EURUSD. Possible ABCD pattern

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             may reach a new action point before the ECB and mark a new leg down to the trendline . Once the FED rate hike is out of the desk, the only strengh for US Dollar             should come from the risk-off environment.

Next risky events are the ECB decision and Chinese foreign reserves plus trading balance stats. Looks like some of them will not be risk-favorable...

I will short EURUSD             from 1.1270 level, targeting 1.1060. If pattern is confirmed, 1.1060 will be a very good level for entering long-term long positions.
Trade active: Short order active
Trade closed manually: Short order closed at breakeven but the pattern has not been invalidated
Order cancelled: Now invalidated
Trade active: Incredible but the pattern had finally survided. Looking to secure 1.1230 level to short. At least 4H candle has to close below 1.1230
Trade active: Shorting the pair now and will add shorts from 1.1290 if price gets there
Comment: Rejected by 38.2% once again, adding shorts at 1.1261
Comment: Two thirds done, last meters are always the most difficult ones...
Trade closed manually: Last meters failed... Closing shorts
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out