Jamal92

Selling Opportunity - USDEUR

Short
FX_IDC:USDEUR   U.S. Dollar / Euro
Its been in a consolidation for about a week (Due to the holidays), if it breaks on the downside prepare for a sell but keep an eye for any fake breakouts.

When I activate my trade. I will hold unto this position till around the 78.6% (0.9396) Fibonacci mark and leave my SL around a few pips above the consolidation pattern.
Trade active: My trade had activated around 0.965436
Trade closed: stop reached: Activated my stop loss. A fake breakout occurred.