Downside potential for EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 7, 2018 2:26 PM

Price has bounced off resistance a few times. Will be looking to short it and TP at the next touch/bounce of RSI 14 trendline. Another TP option is at blue rectangle area (1.1767-1.1831)

Trade active

⋅ Jan 8, 2018 2:50 PM

Trade closed manually

⋅ Jan 14, 2018 8:30 AM

Comment

⋅ Jan 14, 2018 4:45 PM

Updated idea on EURUSD: <deleted>

Current bias is still bearish.

Comment

⋅ Jan 14, 2018 4:48 PM

Chart for the above comment ^