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Trade 12: EURUSD | Bearish Move Despite Epic Wick - 6/8/2014

FX:EURUSD   Euro Fx/U.S. Dollar
113 2 0
Should have gotten in at the close of June 5th's daily candle, but 1.3640 is still great. Targets are from 1.3524 to 1.34 itself. SL at around 1.3734. Be carefully and watch for the bulls...

EliteTrader101
2 years ago
I want to go short just above you at 1.3650 if possible, then cover at 1.3550 to go long. this is a very bullish candle and the lows of this wick will be defended at the 50 level so i'll take my profits there and see if there is a long opportunity there. I think the 1.37 level will be tested first on this huge Pin bar and if i see rejection there i will jump on board on the sell side.
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Arrow EliteTrader101
2 years ago
Great plan! :D
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