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DatTong
Dec 9, 2018 2:27 PM

EURUSD, Forecast on H4: Sell Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD, Forecast on H4: Sell

Order cancelled



EUR opened with an upthrust, so we have no confirmation or signal on selling it. Comparing to my note on Telegram that we should not trade on Monday morning, so it's easy for you that we need to take no action for the pair and keep observing price for further updates

There is less likely on this next H4 candle there is engulfing one appear. It's better to stay out for observing

Comment

Currently DXY is on support, so EUR will correct its early morning uptrend a bit till DXY confirms

Comment

It is likely to retest 1.1410

Comment



We can wait to sell from 1.1427-1.1447 from lower TF if there are any signals (screen and trade yourself)

Stoploss as 1/3 from what you expect to take profit.

Comment



It touched exactly our expected zone to sell as last update

Comment



This is textbook trade

Comment



Move SL, take partial profit

Trade closed: target reached

Comments
anugrahaneesh
My account grew 430% in the last two weeks alone, I took a little risk but your analysis is always on point. That 12 years experience speaks for it self haha! God bless
WaqqasAsim
@anugrahaneesh, show the picture of your account please!
DatTong
@anugrahaneesh, I never can do that
CryptoRising
Stop copying me!! Lol

See the same thing...thanks for sharing.
DatTong
@CryptoRising, I wish, so I would not have to spend time to screen :)
medfateh
what are the moving you use ?
medfateh
@medfateh, Movings*
forexbob
@medfateh, as i know 50 and 78
danijel.dragan
Crisis in France and Belgium goes in favor of this trade.
Nice one mate
DatTong
@Danijel.dragan, hopefully
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