EURUSD Trend continuation short.
Trade active
Comment:
Wedge pattern broken & retested. We had a final wick rejection of 1.1400 before dropping next week.
Comment:
Lots of bearish momentum on all timeframes now. Target 1 is 1.115 but there is potential for this to go a lot lower.
Comment:
Still holding this short position to my final target of 1.1150. We may see a 1hr pullback and lower high form now before it continues down.
You could use this as a scale in opportunity
You could use this as a scale in opportunity
Comment:
Price is now making another 4hr lower high after this pullback. Next stop is 1.115 and my original profit target.