EURUSD: An aggressive weekly short

FX:EURUSD   Euro / U.S. Dollar
920 17
Analysis on chart, target is both time and price. Can reverse when reached.

Good luck,

IvanLabrie IvanLabrie
See updated idea, I'll monitor this closely there. The current setup is valid but might be dangerous to stay short. A small rally might give us an even better short entry if it materializes. Either cover 75% and move the stop down or just move the stop.
Placed a short term buy, closing 75% once I reach the distance to the stop in profit and moving stop loss to break even.
IvanLabrie IvanLabrie
(I cancelled this one for 0.1% profit...not worth holding it)
Might be a good idea to stand aside, or watch FOMC for an entry in case we see a rally.
What indicator is that on the price? The blue color line that is in sync with the price.
Linear regression channel. Takes experience to know where to place the start and end. A good start is the start of a trend and the end of the last strong move.
Wooi IvanLabrie
Is it available to the public? If it is, where can i get it? I can't find it. Thank you.
Sure, it's a tool, not an indicator. It's the one with 3 diagonal lines drawn with the trendline tools.
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