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EuroMotif
Nov 15, 2018 8:58 AM

EURUSD gap target reached, now Shorting: EU drop targets 

Euro Fx/U.S. DollarFXCM

Description

EU short fired, bad Brexit news

Just a quick plot done in a hurry.
Will fine tune targets if move proceeds.

This is a follow up top my long calls

Background:
My EU shorting adventure began in early 2018 while looking for a top around 1.2500


As that top was forming, I saw the Fibs giving me some clues for down move to start


Once it started dropping, I fined tuned the Fibs and EW count to arrive at 1.1500 ad mid target, and 1.070 as final target


I have since been shorting bounces whenever possible, such as per my last plan


My last move was to close shorts and look for long scalps


Went long until the Gap fill idea, which reached target exactly


And now my current plan to ride it back down
Comments
TrumpsForexHack
This one wasnt good at all. The same with the GU run. so sad
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