DavoodWadi
Short

Sideways Correction In EURUSD

FX:EURUSD   Euro Fx/U.S. Dollar
137 7 3
The Longer Term Trend is Bearish after we broke some of longer term trendlines .

I'm now looking at a bearish setup to get on the longer term trend.
We have a textbook sideways correction forming.
As of now a bullish triangle seems to be taking shape. If so, I'll expect more upside before my short order is filled.

I expect less Reward comparing to the risk, but on the other hand these setups have proved to be having higher probabilities.
IvanLabrie PRO
2 years ago
Excellent work Davood.
+1 Reply
IvanLabrie PRO IvanLabrie
2 years ago
I placed two sells here, none filled yet. I expect the news during the London session to help with that.
Good luck to both of us.
+1 Reply
DavoodWadi IvanLabrie
2 years ago
Thanks buddy.
Reply
DavoodWadi IvanLabrie
2 years ago
My pleasure Ivan.
Reply
IvanLabrie PRO DavoodWadi
2 years ago
Very weird price action that being said.
+1 Reply
DavoodWadi IvanLabrie
2 years ago
It comes out with no surprise as my broker is setting restrictions on trading EURO before Grexit talks.
Choppy markets probably ahead.
+1 Reply
IvanLabrie PRO DavoodWadi
2 years ago
I welcome volatility with open arms.
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out