a lot people ate SL's on EURUSD including big traders and firms so i worked on my charts to find some place to short it.
- Either the price reverses from 2016 or 2015 highs, short. - Wait for confirmation before you take your positions. - Use SL above both highs - Take 2 positions, close one with small profit, and keep 2nd one until 1.0970, 50% Fib level.
It is only an idea based on my experience, use your own strategy to trade.
Hit like )
Trade with care!
Thanks!
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USD keeps falling and EUR gains after ECB notes. Trade with care!
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False break out? need to see if it retests previous high, it may take a while. Trade with care!