Tradingstrategyguides
Short

EURUAS 15M CHANNEL BEARISH BREAKOUT

FX:EURUSD   Euro / U.S. Dollar
Price in ascending channel and has failed to make a new high
Price may bounce bullish at any of these levels shown
If price continues to fail through the ma levels then
1st Short trade
1st Sell Stop @ 1.1415

If price breaks below both ma levels then
2nd Short trade
2nd Sell Stop @ 1.1390

Sell TP is @ 1.1363
SL as shown
Watch for Mace to confirm direction by crossing below zero line
Dec 19
Comment: Looks like the bears are out forging
Dec 19
Comment: Manually closed trade when price hit 800 sma above TP

Comments

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