Machiel92

Good Short on EU

Short
Machiel92 Updated   
FX:EURUSD   Euro / U.S. Dollar
8
Here you see a 4h chart giving a nice opportunity to short the EURUSD

Watch how the EU climbed up. It has reached some good resistance, This will be a turning point for the EU, first target will be 1.1108(0.618 fib of this long upward move) 2nd target will be 1.1028 (0.238 fib of the upward move and the 0.786 thats the brexit hit)

Lets go EU, give it some good shorty time :),

Longer term forecast i' am seeing the EU rise up more. Just it needs another chance and thats only being given if it drops now.
Trade active:
Opened a short on EU,
Aiming to gain 110 pips.

Base strategy 100 pips a trade.
After 100 pips, securing the trade and let it run,
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