elevatedinvestor

EURUSD ACT FAST! Intra day setup (I'm sitting this one out)

Short
OANDA:EURUSD   Euro / U.S. Dollar
I'm looking to be a buyer so I'm sitting this one out.

I'm looking to buy where that sell position might be closed at. Waiting for the news to drop at 8:30am

Reasons for this sell though:

Tiny retail trend line with a nice false breakout to trap longs while they need to go short.

If the take profit is hit before this trade triggers, delete your order and get out of the way.

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