SamKent
Short

EUR/USD hitting some resistance

FX:EURUSD   Euro / U.S. Dollar
448 0 4
The EUR/USD             is testing the kijun sen resistance on the 4H chart. This in the context of a well defined down-trend, and resistance just above from the kumo and a descending trend-line. The aggressive approach would be to short at market, the more conservative traders could wait for the trend-line+kumo cloud area to go short. We think either alternative is reasonable, in fact, we prefer to take both alternatives by going short for 1/2 of our standard size at the kijun and then adding the second 1/2 if indeed price hits kumo+trend-line resistance.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out