EURUSD - Short based on fundamentals

FX:EURUSD   Euro / U.S. Dollar
565 2 1
Seems like nice opportunity for shorting EURUSD             . Reversal on long term trendline and quite strong support/resistance level. Additionally Stochastic seem to indicate overbought level.

Edit: I took the trade at drawn price, it started falling when I was writing this description.


4 December 5:57:53 p.m. ( GMT             + 0:00): SL moved to 1.2461
4 December 8:01:59 p.m. ( GMT             + 0:00): SL moved to "break even"
5 December 9:11:00 a.m. ( GMT             + 0:00): Last candles didn't close above 1.23875, trade is still intact.
5 December 11:32:31 a.m. ( GMT             + 0:00): Securing some profits, SL moved at 1.23944.
5 December 1:35:00 p.m. ( GMT             + 0:00): TP hit, trade closed.
Well done, super precise prediction !
Burza Alevi
Thanks, I hope next week will be as good as this :)
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