I'm expecting an aggressive short on EURUSD - Probably within the 4hour timeframe(The triangle forming a squeeze). There's been sharp downward movements in regular predictable intervals as seen in RED Arrows. The Bulls are buying far less aggressively and the trend suggest they are losing steam - GREEN Arrows.
I anticipate a sharp downward movement and have opened a trade based on this. The trend could also break upwards, but it should be far less dramatic, in my opinion. Opened a Short Position at 1.16645 and my target is 1.15290 Stoploss 1.1690
All my ideas, I trade before I publish.
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Opened a new trade 17500. Target 1= 1.1690 target 2= 1.15290