FX:EURUSD   Euro / U.S. Dollar
150 10 5
Euro             has seen a nice rally today but less than I have expected so far. EU is struggling around 1.0930 with a doji on the hour if it closes and RSI in overbought conditions. It is Monday so less volatility could explain why EU has found resistance early.
EurUsd breaking upward flag pattern on 15-30 minutes. I'm Longing Eu to previous support 1.11. Risk =40 pips, Reward = 80 pips
ShaharyarZafar TheBulltrader
I think you should hold your short position. More probabilities of it headed downwards as for now
just re-entered short again. Tight stop again
+1 Reply
Adil-khan TheBulltrader
me too
TheBulltrader Adil-khan
Its a constant struggle. I took another 10 pips. For now, I think I'mma sit on the sidelines
TheBulltrader TheBulltrader
Okay after all the craziness, I have a decent short with 20 pip stoploss which I already made scalping this trade twice. Holding it for the next few hours hopefully.
it is getting week for up we can see a short down what is your view on it
i agree
update: Eur was down 40 pips and is straggling up slowly maybe to retest the high; I have my stoploss 12 pips in profit over the little retrace high on the 15 minutes.
TheBulltrader TheBulltrader
stoploss hit: + 15 Pips, time to look for a double top and price action and candlesticks (doji)
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