Tradingstrategyguides

EURUSD 4H SHORT TRADE REVISED

Short
FX:EURUSD   Euro / U.S. Dollar
Price moved above 100 sma
Price has 2 options besides moving sideways
Option 1 - Price continues up into Pending Sell area 1.1809 & 1.1830 - Sell from here - SL 1.1845
Option 2 - Price falls into Sell Stop @ 1.1767 - Take Profit @ 1.1730
If price continues bullish move above 1.1850 wait for new setup

If price falls below 50 sma
Sell Stop @ 1.1625
Take profit @ 1.1535

Watch Macd for direction and signs to close trade
Comment:
Sell Limit 1.1805 has been hit
Comment:
E/U 4H trade closed -

Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview

Our free Telegram channel: t.me/TradingStrategyGuides
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.