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IndigoTradingGroup
Dec 19, 2018 5:00 AM

EURUSD| No Breakout Yet...Short the Consolidation Short

Euro Fx/U.S. DollarFXCM

Description

Great idea on the EURUSD
We have a Shark pattern completion on the 240 which completes precisely at structure resistance.
Based on current price movements on the EURUSD it seems as a consolidation period may continue in the near future.

If price does not break out we will look for a reversal at this zone.
This generally gives a higher probability for profits
We are taking a trailing SL order with ratios placed at optimal levels

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Comments
UnknownUnicorn960856
This might be real thing. For now everything is going how it is on chart.
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