TREND CONTINUATION TRADE (PURE STRUCTURE ANALYSIS) Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Apr 26, 2016 10:48 AM

Price has broken the structure at A point, pointing a bearish trend. The market then corrected respecting previous structure resistance (blue rectangle) before continuing its downtrend (waiting to occur).

The risk reward is valid and >1.5

Happy trading