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martin7
Apr 7, 2016 4:46 PM

EURUSD break of trendline Short

Euro Fx/U.S. DollarFXCM

Description

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! ;)

Trade active

Break of trendline, short will the respective lot.

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 active

I opened a new trade at yesterday´s marubozu red candlestick. Target 1: 1.10.



Trade safe traders, regards
Comments
millersunsine
seems it's going to swallow the third one. I am waiting for this.
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