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chris333
Oct 5, 2017 12:32 PM

'C' Down Trade Short

Euro / U.S. DollarFOREX.com

Description

According to our rules a 'C' trade to go short is in place. Place stops at opposite of the Opening Range. see rules for further clarification.

Comment

Be cautioned with the steepness of the previous bars on this hourly chart, that it is possible a Failed C down trade could occur and the price reversing swiftly.

Trade closed: target reached

The key support of handle price 1.17000 and the previous key low of 1.16964 proved to be a good area to place the profit target, just above at 1.1701
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