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NJONGO_1
Sep 4, 2018 12:51 PM

EURUSD ON H1 TIME FRAME  Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD on H1 time frame

this is the trade that I took on Friday afternoon after a trendline break a 1.17000.

we witnessed a huge break down to 1.16000 before Retracing to 1.16100.
the markets closed and on Monday opened wit a gap to the downside favouring the USD

This was due to Dollar news over the weekend

the gap soon closed as the direction changed to Bearish around 1.16200

price has dropped from that region and has retraced at 1.15642

and we are 776 pips in profits
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