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forex_vn
Nov 10, 2018 6:14 PM

EU looking for short in long term Short

Euro Fx/U.S. DollarFXCM

Description

EU daily chart now has the H & S parttern, I am watching closely this pair and looking for a short when I get a good signal. Righ now we should wait and see what happen next in the next week.

Comment

I set a small short EU at 1.1298 and sort of 5 pips to hit, hope price comeback and hit later.
Then I would watching and maybe go 2 more shorts in this pair, around 1.1350
I would set my SL all above 1.1400+

Trade active

EU yesterday has a crazy move because the dispute of bull vs bear.
It go up to near 1.1350 and hit my second sell limit as I planed before
But I still see the strong moment of the EU so it seem want go to more higher, If it's cross over 1.1400 I would looking for a close of these short.

Trade closed: stop reached

Hi guys, my plan on short EU did not run as I hope and the break up over 1.1350 to above 1.1400 last Friday change my mind. Now EU touch the resistance trenline I would close all my short EU if the price get correction. Then maybe I would look for a Long next.
I close this plan here and see you again next chart
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