FOREXCOM:EURUSD   Euro / U.S. Dollar
Hi,
We had an almost successful analyse on EUR last time and now many things are more clear for me in chart.Like we have a bearish pennant in chart and in that pennant we have another triangle formation that made more limits for EUR.
By all of that i think it's time for a short trade in this triangle with 2 target.
Target 1 = 1.163
Target 2 = 1.159
Stop loss = 1.181
Don't forget it's a short-term trade and i have much much lower targets for long-term that i will mention later.
Good Luck
Comment: Great moves,little rest now and after that will continue moving down.
Trade closed: target reached: Enjoy profit,i start new trade Setup on EUR soon.
Comment: Don't be greedy,we reach our first target,now move your stop lower that can protect your profits.
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in which time frame we should take this Action? in 1 day or 4 day mean as you said its short so short for 1 day or what?
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Peymana71 anabiamasood0
@anabiamasood0, it will reach day between 1 to 3 next day.It's short-term,short trade.
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