We have now entered EURUSD short based on a M15 analysis.
We don't have a perfectly identified pattern, but we have a few confluences...here they are:
- 13/50 cross
- First pullback (>25 pips)
- TDI bouncing off 50 + Baseline going down
- Reset on H1
Usually this wouldn't be a trade I'm interested in as we're coming out of a level 3. Yet price action was really nice, also taking into consideration DXY which correlates perfectly with EURUSD .
Keep in mind, once price closes ABOVE 13 before our TP gets hit, we close the trade.
Happy trading everyone :)