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Sep 30, 2020 8:24 AM

EUR.USD H4 Short 13CCI tlb,100x Short

Euro Fx/U.S. DollarFXCM

Description

On H4, 13 CCI has crossed the up-trendline ad crossed below -100. That's a short signal. Reversal will be when CCI crosses back up thru a down-trendline
Entry 1.1742

Comment

Consider taking (some or all) profit at 38.2% retr at 1.170 for +40p profit. Can re-short after any bounce and/or hold for CCI SAR signal

Comment

Whew. It may have been subsidy news , hwever a retest that goes quickly all the way to sw hi is very often the short signal for re-shorting.
Entry 1.17468
SL just above swing hi

exit can be CCI cross up thru down trendline

Comment

takng partial profit at 1.1706 for +40p ner support on H1
Comments
rookie007
interesting POV! thanks for this comment on today's price action.
rookie007
I'm on that horse! thanks
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