TradingView
crazywlst
Jul 23, 2021 6:11 AM

Total shift in EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Well, we are still bounded by the previous pattern and the market fooled me yesterday making a significantly shadowed candle. Trying to adapt to the new reality, I am going to consider that as a bull trap (I was there as well). It drives me to the conclusion to short it now. But I do no exclude another fool play sequence before we see the true break. Anyway, I trade pattern and bull trap was there, so I go short. But I am always flexible to turn around.

Order cancelled

This time they fooled me completely touching so many time resistance and support. Below is attached the initial coverage which was finally used as a template for the trade. But this particular set up was smashed by the uncertainty.
More