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gawdzilla

EURUSD/ Bearish trend channel

Short
Euro / U.S. Dollar (FX:EURUSD)  
gawdzilla Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Trend Lines Candlestick Analysis
7
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trendanalysis trendline candlestick
Upcoming test of trend line, EP after breaking mini support level at 1.17199. Critical to see price action from subsequent candle stick. Trade invalid if it breaks 20EMA, therefore would not agree to put SL above 1.18. Risk-to-Reward not really ideal.

EP@ 1.17199
SL@ 1.17756
TP@ 1.16343

RR~ 1:1.54
Comment:
Yet to break trend channel, trade still valid.
Trade closed: stop reached:
stopped out. Exited trend channel
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