Mark-Hewitt

Offer EURUSD @ 1.0703

Short
Mark-Hewitt Updated   
FX:EURUSD   Euro / U.S. Dollar
5
Strong breakout of a multi-touch level, sell the rounded re-test to join EUR shorts
Trade closed: target reached:
1) It appears again a better target would be a retest of lows
2) Note the pin formed by initial move offering pyramid opportunity

3) NOTE THE STOP FOR THE PYRAMID OR MANUAL ENTRY ON FIRST PIN NEEDED TO BE AT LEAST ATR(24)+1 AS IT FELL ON THE LEVEL AND MARKET RETURNED TO TAKE STOPS OF TRADERS AT PIN HIGH

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