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jcmoneyman
Apr 2, 2023 9:34 PM

EU Short Short

Euro Fx/U.S. DollarFXCM

Description

D: Uptrend respecting the lows, price retraced 23.6% so far
4H: Uptrend, price hit -61.8 twice, DOUBLE TOP + Bearish divergence
1H: Downtrend, DOUBLETOP ON 4H

SWING TRADE
CURRENTLY: I'm looking to see if price will
1) Rise to retest 4H trendline
THEN
2) go short to -61.8 near previous support and 4H downtrend


~200 + 280 pips

Order cancelled

Price broke above 4H trendline. I guess it's not ready to drop yet
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