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Dec 19, 2018 6:36 PM

EURUAS 15M CHANNEL BEARISH BREAKOUT Short

Euro Fx/U.S. DollarFXCM

Description

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

Comment

Looks like the bears are out forging

Comment

Manually closed trade when price hit 800 sma above TP
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