EU short to 1.110?

FX:EURUSD   Euro / U.S. Dollar
87 3
Appears to be struggling on 4hr & overextended on RSIs

My concern is how it's going to look on the way down.. if we see heavy support at 38.2%, then EU is going to continue to be bullish - if it falls through that then the short can remain.

Putting in a short and we'll see how it develops...
Trade active: Entered short @ 1.12328, SL 1.12478
Trade closed: stop reached: Stopped out due to EU spike
Trade active: Re-shorted with smaller parcel, with SL at 1.12601. Fault with original trade - SL was not wide enough.
Let's hope for the best! GL
@ZeKai, Thanks. Also going to need it to punch below 1.121 to even start this idea... right now it's really being stubborn and not taking out any stops, but I believe I'm stuck in a waiting game right now.
ZeKai failathon
@failathon, Same here. This why I said let's hope for the best :)
+1 Reply
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