A very nice 3-Drive-Pattern. I wish you good luck and a lot of pips!
Trade active
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A nice level is reached so I am shorting now. Watch your Money-/Riskmanagement and do the same.
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Price could go up to 1.1600 - 1.1650. So you know where to place the stop.
Comments
Luvolwethu
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nice setup
ridafad52
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amags
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Euro is vertical i dont think this is a good idea. Should wait for some retracement and a sign of weakness before taking short.
Trader3000
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@amags, Thank you for your comment. Of course you are right but this is only a showing of an important price level that I am trading. A few traders lost the orientation because market is bullish like hell. It reached within a few hours my target that I predicted in my last idea. Normally this would take a few weeks. Now is a good time to sell. Starting with a smaller lot size and a wide sl and after confirmation selling more and more. After the gap is filled you can buy a house - a new one :) I wish you good luck and a lot of pips!
Dankofx
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short now!!!
Trader3000
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@Dankofx, No panic, tomorrow will start a little retest then you can sell as well. Today the price will fall a little but will then rise for testing and then booom! Take Profit = Gap closed. (over 400 pips!) Good luck to you and collect them all!