Currently looking for a short term sell trade on EUR/USD. However Long Term I do still have a bullish bias. EUR/USD is currently hitting a key trendline on the 4HR timeframe. Also had multiple rejections from the resistance level @1.23940. Looking for a break in the trendline and further confirmation of a downside movement before I enter a Sell Trade.
Comment:
Closed off most of my postion at 135pips profit. Still have 1/4 of my original position running.