Gap closed and possible bounce from major resistance now. Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 27, 2017 9:27 AM

The old gap is now closed and i am expecting a bounce down from this level.

⋅ Mar 27, 2017 5:10 PM

High possibility that we had a fake out here, i am short from 1,0890.

⋅ Mar 28, 2017 11:55 AM

There is a possibility that EU retest 1,0900 NY session today.

⋅ Mar 29, 2017 12:02 PM

Happy pips guys, you should catched between 70-90 pips so far.

⋅ Mar 30, 2017 5:35 PM

Still performing very good!

Comments

piptamil

⋅ Mar 27, 2017 1:23 PM

Same thoughts :))

ericakjr

⋅ Mar 30, 2017 5:42 PM

would it be smart to hop in for the sell now? or too risky?

PA-FX

⋅ Mar 30, 2017 5:48 PM

@ericakjr, I would say too late! been falling for three days now, wait for correction higher if you want to try and short.

Forex_Society

⋅ Mar 28, 2017 4:33 PM

nice mark up

PA-FX

⋅ Mar 28, 2017 4:39 PM

@Forex_Society, Thank you! :)

hisyam

⋅ Mar 28, 2017 7:39 AM

agree, anyhow gap will be closed soon and bounce up again.

bettaieb.elyes

⋅ Mar 27, 2017 5:11 PM

hi pierre,
whats your target bro?
regards

PA-FX

⋅ Mar 27, 2017 5:12 PM

@bettaieb.elyes, First TP is of course the gap close, the rest will be SL trailing.

bettaieb.elyes

⋅ Mar 27, 2017 5:13 PM

@abozahra, thank you :)

PA-FX

⋅ Mar 27, 2017 5:13 PM

@bettaieb.elyes, You welcome buddy! Did see you in the live session this week :)