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rajasherbazkhan

EURUSD Short

Short
Euro / U.S. Dollar (FX:EURUSD)  
rajasherbazkhan Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Fibonacci Candlestick Analysis tradingideas
2
2
trendanalysis fibonacci candlestick tradingideas
Bias: Short

Bearish indications
1. Testing trendline resistance
2. Bearish engulfer
3. Bearish trend, LHs and LLs
4. FIB retracement, 0.236 broken, now to test 0.382. Support strong here

Bullish Indications
1. Support at 1.05824

Plan A: Short
Entry= 1.05884
SL= previous LH = 1.06280

TP1 = 1.05488
TP2 = 1.05092


Plan B: Short
entry = below 1.05824 support
SL=1.06150






Comment:
Plan A: TP 1 hit
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