ForexStoryteller

EURUSD Short line up

Short
OANDA:EURUSD   Euro / U.S. Dollar
Looking at the crossing of blue red and the level there around 1.06200 looks good for an overall setup to short. Already seeing stiff reactions from 1.05800.

Placing a sell limit at 1.06400 with a buy stop at 1.06650

Not a fan of news trading, but the line up is there so I'll try to snag an entry #2 level off the previous linked idea with target around the 1.05450,. 5r trade
Comment:
Targeting 1.0535 gives about 5r* my trade setup gives around 3.8 targeting 1.05450
Order cancelled:
Watching things play out, it looks fairly balanced, I'd say ask the dog at this point, 1 bark buy, 2 barks sell, I see plenty of reason to hold the short thinking still, but double top and double bottom equal distance away when the news drops, it could be anyone's trade from that area.....
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