martin7

EURUSD making a corrective structure high before sell-off

Short
martin7 Updated   
FX:EURUSD   Euro / U.S. Dollar
1
EURUSD broke a daily trendline and I was expecting an retest of the trend-line but I see bullish Pa slowing down.

I setted a sell stop at 1.1290 at the break of that 4 hr trendline that has been developed for the last 2 sessions.

Target: 1.10

Let´s see what happens.

Trade safe traders, regards! ;)
Comment:
Moved sell stop to 1.1325 and SL to 1.1380

Trade safe traders, regards! ;)
Trade closed: stop reached:
I entered at 1.1340, had a 40 pip profit but reaized we didn´t make a new lower low so I moved my stop +15 pips.

With draghi´s speach today, EURO went crazy. Got stop at +15 pips. My overall bias is still bearish till I see a break of 1.1450.

I´ll look for aother short oportunity if the scenario presents!

Trade safe traders, regards! ;)
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