Get started
KoolAid

EUR/USD Short - 2 failed backtests to regain channel after break

Short
Euro / U.S. Dollar (FX:EURUSD)  
KoolAid  
FX:EURUSD   Euro / U.S. Dollar
EURUSD eur_usd
4
2
eurusd eur_usd
After the channel break, we have now completed 2 backtests with Monday and Tuesday's candles. Both candles failed to even pierce old support, now resistance, suggesting more downside. Fib downside targets on Friday's chart.

Related Ideas

KoolAid
EUR/USD SHORT and stay SHORT until 1.08686 first downside target
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.