DavoodWadi
Short

Sideways Correction In EURUSD

FX:EURUSD   Euro / U.S. Dollar
138 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.
Excellent work Davood.
+1 Reply
IvanLabrie PRO IvanLabrie
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
Thanks buddy.
Reply
DavoodWadi IvanLabrie
My pleasure Ivan.
Reply
IvanLabrie PRO DavoodWadi
Very weird price action that being said.
+1 Reply
DavoodWadi IvanLabrie
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
I welcome volatility with open arms.
+1 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out