Hi traders,
After I placed a short somewhere in the red zone the EURUSD was falling fulminantly today. During the consolidation phase, that hold for four days, my feelings were moving also. Up and down - up and down...
Okay, so my second trade that I will start is at the level of 1.0720. At this price I await a retest with a following hard downmove for a new low, that starts the downtrend.
At the moment I don't have any Take-Profit-Levels - I am only watching the chart, looking forward to see the price falling.
Good luck and a lot of pips!
After I placed a short somewhere in the red zone the EURUSD was falling fulminantly today. During the consolidation phase, that hold for four days, my feelings were moving also. Up and down - up and down...
Okay, so my second trade that I will start is at the level of 1.0720. At this price I await a retest with a following hard downmove for a new low, that starts the downtrend.
At the moment I don't have any Take-Profit-Levels - I am only watching the chart, looking forward to see the price falling.
Good luck and a lot of pips!