dru_01
Short

EURUSD 4hr Short Trade Initiated. Heading for 1.2387 long-term

FX:EURUSD   Euro Fx/U.S. Dollar
419 2 3
On the 4 hour I'm seeing a breakout Short for a longer term trade. I expect 1.2387 as the final destination as long as price doesn't reverse (close over) above the 1.3361 mark as this would invalidate the trade and stop out.
As per my other IDEA's I expect consolidation and retracement within levels and I don't worry unless they approach my SL. Price could head straight down or fight its way!
I'll also be looking on lower time-frames for setups using my setup technique. I already have one in play on the 1hour going short which supports this direction. i.e. trade within a trade.
t1 Completed. Nice profit
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T2 done (5 pips off the target!!)
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