YourLazyTrader

EURUSD to drop below 1.1060 after consolidation?

YourLazyTrader Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD appears to have reversed from the channel TOP and I already have sold multiple lots at 1.1181(see the previous idea attached below for long term analysis and entries)
However, the current price action indicates that EURUSD may drop even lower after some consolidation.
So, it gives traders the opportunity to think about executing sell trades around the 1.1140-1.1180 area with Sl above 1.1230 and TP at 1.1060, 1.1010
Comment:
Instant 20pip drop from 1.1140 :D
Comment:
This setup went horribly wrong even though our SLs are at 1.1278
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