EURUSD Trades Setup - SHORT - March 8

Good morning,

I have just entered a SHORT trade on the EURUSD pair.

Yesterday a big red candle forms a bearish engulfing pattern.
This candle also rejects the 21EMA and resistance level around 1.07.
We have 3 bearish signals in confluence.

Details trade setup are in the chart.

Good luck!

Spyros

Trade closed: stop reached:

Hi,

Trade got stopped.

The price went right up reaching the SL.

Trade closed in a loss, of $14.86 ( 44.58%).

Till next time.

Spyros