atraikov

Market preparing for Italian election

Short
atraikov Updated   
FX:EURUSD   Euro / U.S. Dollar
Type of wedge/pennant is forming and will potentially break the neckline of previously formed double top.
Trade closed: target reached:
Tp1 hit. Now we break the support and possibly starting the reversal of the trend.
Moving SL to breakeven and now even if we observe false break, we've pocketed some money.
Trade closed: stop reached:
Tp2 hit break even. Will wait to see if up trend will hold up and if not will look to short again.
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