The808Trader
Short

More USD Strength - Ichimoku EUR/USD Short Trade Opportunity

FX:EURUSD   Euro / U.S. Dollar
The combination of good economic data and uncertainty with the EU lead to some boosted US strength last week. I am looking for a drawback to hope on a possible bearish trend continuation. As an alternative entry I will set a sell stop below the previous candles wick to trigger a short, should we break down below price structure support . If their of those scenarios fail to play out, this setup may become invalidated.
Trade almost reached TP, then retraced due to FED Dovish outlook and rate cuts pretty much guaranteed. Partial profit was taken out before adjusted stops took the rest of the position out in profit
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Great work keep it up, don´t forget to leave me a like as well :)
+1 Reply
Agreed! Similar view!
+1 Reply
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