tighten your stop

FX:EURUSD   Euro / U.S. Dollar
342 2 14
In accordance with my previous analysis, the euro             broke through support at 1.07797 and managed to reach the target around of 1.07407 - 1.07165. Currently, the pull back happens to be the reference area in around 1.07586 - 1.07888. my scenario here is waiting for confirmation of bearish signals in the area, where the target is in the range of 1.07399 - 1.07096. please noticed with carefully if the resistance around 1.07888 broken because then the chance of intraday bias will be bullish and the euro             will most likely return to the range around 1.08075 - 1.08378.

once again, this is only my journal and just my view as an novice, instead for calling to trade. all risks are at your discretion. hope you best trades
Comment: active trail stop
Trade closed: stop reached: poor trail stop :'(
0.618 fib , ABCDE pattern and AD=CD
I think it is not current time for short
+1 Reply
Kadhijah pyramids_Forex
well nice, here in wide TF I had the same view with you too, but do you notice the EURO failed to build new higher high around 1.0933? that for the reason I look for the bear. thanks for your opinion, I'll noticed it :)
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