Rendon1

EURUSD short, possible rejection area

Short
Rendon1 Updated   
FX:EURUSD   Euro / U.S. Dollar
Pair in downtrend, actually is ranging. I can see possible rejection area around entry line 1,13400. Please don´t use it like a trigger! Don´t FOMO. You have to wait for clear rejection candle (engulfing pattern, evening star) on 4H or 8H chart which close aggressively = under previous candle open. If you are brave enough, eventually you can use 1H candle rejection like trigger, but it is more dangerous. Set SL after rejection. I will update this idea, when entry conditions are met. So if you follow me you will get the message. This is not a financial advice. Good luck.
Comment:
Enter now at current market price 1.13350 and hold.
Comment:
TP 1 done. Please TP 50%,set SL to BE and let it run. Or trail it.

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