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ZONE2ZONE
Sep 19, 2023 6:24 PM

EURUSD LOSS EXPLANATION Short

Euro Fx/U.S. DollarFXCM

Description

So yesterday i took a trade on EURUSD,and as every trader took a loss,so lets try to explain why did a loss happen,as said i took a sell because i saw 0.5 fib being respected and rejected,and my entry was good,but as u see i didnt draw a blue line that hold my price from going down
I should wait for a better confirmation and BOS-Break of structure or some kind of a lower hi,lower low being formed
Comments
TheFxAce
Excellent work identifying the bearish signals; a short position seems to be in order.
ZONE2ZONE
Tnx,next time more carefull😅
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