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Lm7ee
Mar 13, 2019 2:32 PM

EURUSD SHORT SETUP SWING TRADE Short

Euro Fx/U.S. DollarFXCM

Description

Looking at EURUSD on the Daily Timeframe. let's see if it makes a retracement to 70.5-78.6 fib and then make a fourth tap on the Down Trend.
Once it reaches the downtrend we'll wait for confirmations before entering.
-Daily candle closure rejecting the Trendline.
-4HR candle finished outside of the Micro uptrend if there is one.
-Target previous Daily low (100-160pips)

Trade active

+40 pips up, You can look to enter after a break and retest. Example :
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