alexp
Short

Possible short on a failed breakout

FX:EURUSD   Euro Fx/U.S. Dollar
202 1 0
If it moves below 1.3095 level - we will see a failed breakout of a trading range and and a good opportunity for a test of the lower end of a trading range.

If it bounces off 1.31 and moves higher then 1.3110 - we're likely to get a breakout off the trading range and it will be a good long opportunity.

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short trade never triggered, the resistance turned into support, it's moving higher and longs are playing!
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