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AlexPalmaFXTrader

Still bearish with EUR/USD Pair

Short
Euro / U.S. Dollar (FX:EURUSD)  
AlexPalmaFXTrader  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis EURUSD short SELL
9
0
trendanalysis chartpattern waveanalysis eurusd short sell
Possible Scenario #1
Possible a contracting triangle with lower line rising
Trade:
Short at Market Price 1.0837
Stop loss 10 pips above wave sub-wave B of D
@1.0936
Profit target @1.0790
Risk reward ratio is about 1 to 1
For a Risk reward ratio 3 to 1 i would wait for sub-wave B to develop and enter short the market @ 1.0900. Stop loss to remain the same
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