RyoSTFX

EUR/USD Short analysis

Short
RyoSTFX Updated   
FX:EURUSD   Euro / U.S. Dollar
What's up traders!

EU is respecting 4H bearish trendline and last week the 4H candle closed with bearish engulfing which is very good for us to take short on this pair. In 1H tf i'm looking at the double top pattern and wait for it to break the pattern
Trade closed: target reached:
Almost hit SL (i always add 5-10 pips in my Mt4 to prevent SL hunter), and it dropped to hit my TP +98 pips!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.