EUR/USD SHORT CURRENTLY ON MONTHLY SUPPORT IF BEARISH CANDLE STICK SHOULD REACH 1.05205, WE ARE LOOKING AT ANOTHER POSSIBLE PIPS GAIN OF 60 PIPS TO 1.04606
THE EUR/USD SHORT HAS HIT THE DAILY SUPPORT AND MAY BOUNCE BACK A FEW TIMES BEFORE BREAKING SUPPORT, SO FAR 30 PIPS GAINED..... TAKING PROFITS NOW MAY BE ADVISED, HOLDING THE TRADE TOO CAN BE ADVISED. EITHER WAY ITS STILL ON A DOWNWARD TREND, LETS SEE WHAT HAPPENS. #SELFTAUGHT TRADER
Entered this a little late but still healthy down side in this trade if you do enter go in very small.
The price is in Weekly/Daily ascending channel (green). Now, forming a falling wedge (bullish signal). The Fib C is at 61.8%, where price made bearish engulfing pattern to head south. D1 target is in line with 0% of AB swing and ascending price channel (8271), on break of this next target is D2 at 8040. However, I am expecting price to come at 8271 and then go...