Get started
joaogoncalves

Trend Continuation

Short
Euro / U.S. Dollar (FX:EURUSD)  
joaogoncalves Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators EURUSD eurusdshort EUR USD short Forex
5
0
trendanalysis indicator eurusd eurusdshort eur usd short forex
My bet is that the downtrend will resume, can't see more upside from here until we break above 1.1750 so until then we are shorting rallies.

SL 1.15ish
TP1 1.1535
TP2 1.1380
Comment:
Correction:

SL 1.1700ish was what I meant.
Comment:
First target 1.1535 hit +103 pips.

Move SL to breakeven and wait for next target.
Trade closed: stop reached:
2nd target not hit, trade stopped out at breakeven.

Still a pretty good and profitable trade!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.