LeoYao
Short

EURUSD has dropped below a important resistance zone

FX:EURUSD   Euro/U.S. Dollar
190 2 15
Hi if you checked my previous EURUSD             trade idea for Long Term Trader, we have earned a lot from there.

Now we watch closer to see what would happen to EURUSD             .
Based on daily chart (you can also see from 4h chart), EURUSD             has effectively breaks a important support zone . We just need one more daily bar closed below this zone then we have no worry to continue hold our previous short trade from 1.50000. Believe some of you have entered a better position than me, maybe almost 1.6000?
Congrats. :)
Comment: Modify: 1.15000 and 1.16000. Not 1.5000 and 1.6000.
Comment: Nice rejection around the resistance zone.
Comment: More than 70 pips drop.
Comment: retest the resistance again.
Comment: Nice drop. More than 100 pips earned.
Comment: if touch yellow zone again, can consider to short again as from Long term (based on month time frame), I short Eurusd.
For the others who trade my short term idea to long EURUSD in educational idea, please also take note the yellow zone.
This same setup is now Long . Correct ?
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LeoYao forexmech
this is too old, u can check my latest one.
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