tntsunrise
Short

EURUSD Breaks Long Term Neckline

FX:EURUSD   Euro / U.S. Dollar
EURUSD             Breaks Long Term Neckline
Therefore we can short EURUSD             NOW
SL : 1.1705
TP1: 1.13
TP2: 1.07
TP3: 1.05
ECB won't be doing tapering until next year while FED might
increase rate three times in 2018.
The fundamental side is confirmed for a bearish EUR.
Comment:
snapshot

Stick with the plan:
If NFP can't break the structure.
we are still bearish on EURUSD
Comment:
snapshot
Comment: WORKS WELL. eurusd fall
Comment:
snapshot
Comment:
snapshot
Comment: break new low
Trade closed: stop reached: 1.1705 HIT - 55 pips
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It stayed at one trade, or an attempt to short again?..
Reply
Lots of traders were expecting EU to fall but it did a U-turn and went up hitting stop losses on the way. Now EU is highly OB in the hourly time frames. So during today's US reports do u think EU will fall, maybe to the daily pivot point of 1.1753 ?
Reply
miraka skgogoi
@skgogoi, Now you see the point of good analysis. Analysis of a chart!..
Reply
(ECB won't be doing tapering until next year while FED might increase rate three times in 2018. The fundamental side is confirmed for a bearish EUR)

nice fundamental analysis, now EU is 1.1840 LMAO
Reply
Mdukheri KenWei
@KenWei, I don't understand why would you be so sarcastic about another trader's point of view or rather analysis, bcoz as traders we mostly follow market sentiments and news reports that are released by the same Government officials to obviously create a buzz in the Market and get us to take wrong positions. But even you as a Pro trader you've taken a position that went the opposite way a couple of times in your trading Career, so please respect other people's pages and don't come & mock @tntsunrise for a trade a lot of good traders got stopped out on. Jack's technicals were good and he's also a good trader, let's learn to respect other people!!
+1 Reply
@tntsunrise This setup is no longer valid, correct or this could be a stop hunt?
Reply
SL hit... don't you update
+3 Reply
@sabash, hahaha
Reply
Hi, is this trade still valid
Reply
dakkid sandyfx
@sandyfx, nope stop loss hit
Reply
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