FX_Guru
Short

Good time to enter short on EUR

OANDA:EURUSD   Euro / U.S. Dollar
EURUSD            

Hello traders! We have a nice double-top on four hour chart, Euro             just broke through the first support line and now sitting on top of the other. Ones the horizontal line is broken the double top structure will be confirmed.
I am expecting a rally and testing of the main uptrend support line. I have two targets set, the first one at 1.2220 and the second at 1.2050. My stop is just above 1.2480
Comment: Approaching support line, bounce is very possible
Comment: Target one reached, waiting for the pullback to end and carry on to the second target at 1.2050
Very good!
Reply
Nice!
+1 Reply
FX_Guru jahanzaib.zafar14
+1 Reply
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