EURUSD Short Completion

FX:EURUSD   Euro / U.S. Dollar
67 1
For training purposes only. Remember to always trade your plan. Fantastic win set up this morning on the EURUSD . Starting at the weekly view, my bias is to the downside breaking and closing below the up trendline on July 30th. After the break the pair had retested the back side of the trendline hitting the .382 at 1.17908 and continued to move down. Daily bias continues to the downside since we didn’t have a break of the 1.15 area. 4 Hour chart had created a beautiful three wave rising channel , however, I did have 4 hr break and close below support level at 1.13598 creating the last high at 1.14437. After the break snaped the fib lines. Moving down the 1 hr chart the pair retraced up the 0.50 zone with a lower low, lower close candle entry was made at 1.137 with TP achieved at 1.132. Being so close to the major area of support at 1.130 I will be waiting to see what happens in this area and re-evaluate.
1.1305 broke, waiting you
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out