EURUSD short after break of the trendline

FX:EURUSD   Euro / U.S. Dollar
Break of a weak trendline. Had my entry order placed and got filled with the impulsive candle to the downside. Not my favourite trade because the trendline only had 2 clear touches but took the trade because of the really good reward to risk ratio.

Stop above recent highs target at the strong support level above 1.03500
Trade closed: stop reached: Stop reached pretty quickly. Trade was a false breakout. Maybe there will be an other break of the trendline later with an even better reward to risk ratio.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out