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Trader3000
Jan 21, 2017 11:27 PM

EURUSD Is In Consolidation - A Little But Smart Short on Monday Short

Euro Fx/U.S. DollarFXCM

Description

Hi traders,

It's day five for the EURUSD during the consolidation phase.
After the bounce of the resistance level confluenced with the 88.6 Fib retracement it is just a little short trade about 30 pips to the Take Profit Area.

So I will look for a nice entry level and that's done for Monday.

We also have to look very close in this grey boxed area.
I've got some good ideas for that but this is a different trade.

Good luck and a lot of pips!
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