EUR/USD SHORT - DAILY TREND LINE Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Nov 22, 2019 8:13 AM

1. Previously created a Double Top,

2. Rejecting nicely from the Fibonacci 50% resistance -> was also previous HL.

3. Downtrend

4. 4H chart creating a shooting star

We have 4 confluences.
Please if you have experience in trading and have a different opinion leave comments and say why as I'm looking to improve my trading analysis. <3

Comments

Segun96

⋅ Nov 24, 2019 2:23 AM

When/at what price do u plan to execute the trade? Thanks

karlodagi

⋅ Nov 25, 2019 8:58 AM

@Segun96

I entered a short trade after the candle closure on the 4h charts.
After rejections from 50% fibonacci.