fxstudent299

EURUSD fast short on 5min tme frame

Short
FX:EURUSD   Euro / U.S. Dollar
56 views
3
first entry, next reasons,

Comments

trade closed @1.2365
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Wanted to post my trade as fast as I could, maybe someone wanted to join me:
- ugly pin bar on 4h chart,
- as predicted yesterday, the late shorts have closed their positions, so the nex move should be in the direction of the major trend, which is DOWN

My trade:
- bearish Flag on 5min chart broke down
- Entry@1.2388, SL@1.2399 (-11), ProfitTarget@1.2365 (+23), R:R=2.09
- short term trades like that (15min charts or 5min charts), I take only the half size position

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Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
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