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staringatskyline
Nov 15, 2018 9:08 PM

Bearish 5-0 on EUSD Short

EUR/USDOANDA

Description

Looks like we have a nice Bearish 5-0 on the EURUSD 4H chart. My sell limit is at 1.13800

The take profit fib level lands on a significant level also (the red line)

Trade active

Sell Limit was triggered. Letting this run for probably a week and a half to 2 weeks down to the TP

Comment

Price broke above the sell point a bit, but I'm not too worried. There is a diagonal trend line that is going to toss price back down soon. It's still a sell for me at this point .

Plus it is over-bought on RSI
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