tntsunrise
Short

EURUSD Bearish Confirmed and Sell the pull back

FX:EURUSD   Euro Fx/U.S. Dollar
5151 19 115
EURUSD             has broken Uptrend line

this is a confirmation of the Bearish Trend .

So we can sell the retest now.
Look the yellow Box , that is the potentail
Selling Area.

Remeber in my previes view: we short EUR
from 1.1230, thats very good profit, isnt it.

My long term target is 1.0637.
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gadzmustbecrazy
2 months ago
thank you sir!
Reply
gianfranco60
2 months ago
Thanks
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Ron77 PRO
2 months ago
Thank you ;)
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nambka
2 months ago
thanks so much
Reply
x381966011250105
2 months ago
What if falter move? ;-) See difference between lowest price and open price in the first bar of the upward trend, almost the same size as the "break-through" from this week. I would support levels above 1.14 before finally testing this trend line. Cheers
Reply
tntsunrise TOP x381966011250105
2 months ago
Usually the trend line and structure broken wont lie
Reply
x381966011250105 tntsunrise
2 months ago
Thank you! Anyway, this pattern will need at least a couple of months to materialise... There isn't a big probability that changes are as steep as the red arrows. They will be manifested more like sudden market falls (rises), or will go more flatly and gradually. Such broad time frames (daily) always put extra-uncertainty to our forecasts since they are quite vulnerable to momentary stochastic oscillations. Nevertheless I am now bullish for the next weeks, I concord with your prognosis, but my expectations are that the present fall is just the first test of your trend-line. This means that (maybe) we can once again go to older heights, even rally above 1.135... Cheers! :-)
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waterman
2 months ago
Agree. A good conservative strategy. But tight money management a must. Thanks
Reply
lio
2 months ago
Question: USDOLLAR is at the top, do you expect it break the trend line, so that Euro can be shorted against Dollar?
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tntsunrise TOP lio
2 months ago
DXY is not at the top. the top is 100
+1 Reply
lio tntsunrise
2 months ago
ah sorry, I looked at the wrong one (USDOLLAR), instead of DXY. I am waiting for DXY to correct, in order for Euro to retest. Hope my logic makes sense.
Reply
reganjohnd
2 months ago
Hi. What are your thoughts on this?

EURUSD Retest

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ehaerim PRO
2 months ago
You said : So we can sell the retest now.
=> I don't understand "sell the retest". What do you exactly mean by this?
Reply
DavidoffTGS
2 months ago
http://www.ecb.europa.eu/mopo/implement/omo/html/20160110.en.html

snapshot
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ahmetnmsl DavidoffTGS
2 months ago
1.09 good place to take profit? Thanks.
Reply
tntsunrise TOP ahmetnmsl
2 months ago
well if u have short position u can take partial profit
+1 Reply
ahmetnmsl tntsunrise
2 months ago
Thanks Jack
Reply
TheBossHoss
2 months ago
Hi Jack.
Is this trade opportunity still valid for short??
+1 Reply
MindTrader
a month ago
EURUSD
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