Lightwork_

EURUSD Short 1:1 day-trade

Short
Lightwork_ Updated   
FX:EURUSD   Euro / U.S. Dollar
Been waiting a while for this pullback. Now it's almost at the entry area.
Quick trade.
Trade active:
GOt in.
Comment:
Not good 15M close, but making an exception to Hold due to good looking DXY.
DXY shows a possible setup, thus can bring EURUSD with it.
Comment:
Comment:
Overall looking OK.
Price actions seems to be bullish, so need to be careful.
Comment:
Looks good. May continue dropping.

Comment:
DXY looking bullish (good for EURUSD shorting), but EURUSD itself isn't looking short-term bearish. Will see how it goes. Need more time to make a decision.

Comment:
Still holding.
Comment:
Good close.

Trade active:
Looks like we'll be closing early, as price failed to go down. Waiting for a minute till close.

Comment:
But we got a 200EMA rejection. We'll close if 4M chart closes above that level. Otherwise let's just hold.

Comment:
Surviving. Early close is possible, but the DXY is too good-looking to justify an early exit.

Comment:
We are back in profit, which is good.

Lightwork Trading
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.