EUR USD 4H BEARISH BAT Short

FX:EURUSD240

Euro Fx/U.S. DollarFXCM

Description

⋅ Dec 27, 2013 10:29 AM

SHORT AT1.38 ,RSI OVER BOUGHT
1.3830 IS MAJOR RISISTANCE.

Comments

tntsunrise

⋅ Jan 2, 2014 2:57 PM

TARGET HIT

CoinedByCrypto

⋅ Jan 2, 2014 2:59 PM

It did pan out... well done ;)

Daytrader22

⋅ Dec 28, 2013 4:55 AM

I agree 100% and we have almost the same exact plan in motion as well. Our trade setup is almost identical as posted on our site: daytradingfutures.net/

tntsunrise

⋅ Dec 27, 2013 10:51 AM

Thanks for your idea! maybe because this is friday? such a extream rally.

CoinedByCrypto

⋅ Dec 27, 2013 10:48 AM

Need to see RSI turning convincingly downwards movement before any move towards 1,3640. Yes! I do agree there is a bearish bat and it could pan out. But a so strong RSI in the 90 is not showing weakness or overboughtness. It's showing super strong conviction. :)