VTGStudent
Short

EURUSD Technical short

FX:EURUSD   Euro / U.S. Dollar
After evaluating the the higher time frames it is evident that EU is in a long term short. As shown on the 4h TF you can see that it is clearly at the top of a downtrend channel hence why I believe now is a key time to short. Risking very little is key here as the R/R ratio is extremely well. Lets see how this plays out.
Comment: Moving take profit to 1.13050
Trade closed: target reached: Excellent trade from start to finish. Hope everyone else benefitted too. I always encourage feedback.

Comments

always v nice when u pick top and bottom ;)
Reply
VTGStudent jasperlawler
@jasperlawler, you’re right! Let’s get these pips!💪🏽
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Really good catch. it could go lower one more leg.
Reply
VTGStudent blankz369
@blankz369, Really appreciate the feedback! Completely agree, I was just happy with the initial amount of pips caught and didn't want to get too greedy, but agree'd definitely more room below.
+1 Reply
A lot of fundamentals over the next few days, so I'd be careful with it.
Reply
VTGStudent TahmidKFX
@TahmidKFX, Agreed, but I personally don't trade fundamentals, I see them as a catalyst for technical trading.
Reply
xinvested VTGStudent
Profit profit let’s get some money what level to next TP
Reply
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