EURUSD Bearish Shark - 2 potential reversal zones Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 26, 2016 8:37 AM

Hey guys, looking closely at EURUSD this week.

2 zones that I might potentially go short on a bearish shark pattern.

Zone 1 : 1.1260
Zone 2 : 1.13

I will monitor RSI overbought and candlestick patterns for weakness/reversal patterns before I enter short.

Stop loss will be at 1.1330.

Target will be at 1.1140

Trade active

⋅ Sep 29, 2016 3:04 AM

Entered at 1.1255.

TP half position at 1.12. (+55 pips)

2nd ticket SL shifted to breakeven.

Leaving it to run for more profits. :)