I am looking at a bearish scenario in EURUSD.
I had a profit on the long side and was stopped at +30 pips. We had a rejection of the 1.1440 area. And now bears are taking back control.
The trendline is being tested and seems that is going to be broken. I entered a small size, I will wait for a clear break to enter my entire position size.
I see EURUSD at 1.11 first, then 1.08 1.05 and maybe we can see new lower lows and the parity of EUR and USD at 1 and lower!! that would be almost a 2000 pip move.
Trade safe traders,
Regards! ;)
I had a profit on the long side and was stopped at +30 pips. We had a rejection of the 1.1440 area. And now bears are taking back control.
The trendline is being tested and seems that is going to be broken. I entered a small size, I will wait for a clear break to enter my entire position size.
I see EURUSD at 1.11 first, then 1.08 1.05 and maybe we can see new lower lows and the parity of EUR and USD at 1 and lower!! that would be almost a 2000 pip move.
Trade safe traders,
Regards! ;)
Trade active:
Break of trendline, short will the respective lot.
Trade safe traders, regards! :)
Trade safe traders, regards! :)
Trade closed: stop reached:
Monday candle opened with a strong gap up . My SL was trigered. I´ll wait for the daily close to see confirmation of long!
Trade safe traders, regards! ;)
Trade safe traders, regards! ;)
Trade active:
I opened a new trade at yesterday´s marubozu red candlestick. Target 1: 1.10.
Trade safe traders, regards
Trade safe traders, regards
