timmynorin

EURUSD Daily Short setup

Short
timmynorin Updated   
FX:EURUSD   Euro / U.S. Dollar
Why?

Broken bullish trendline, should as act resistance.
61.8 fibo retrace
Structure, previous support, should act as resistance
Bearish trendline, should act as resistance

What more would I want? I'd prefer RSI to show even more overbought, but still, enough to hold my case.

Taking profit above previous structure support.

NFP tomorrow, but since this trade is on the daily I'll leave it to its fate.


Oh, noticed the bat? I'll leave it there for motivation. :)
Trade closed: stop reached:
Was on a good way towards target. Then Trump came along, thanks Trump! You owe me $. Stop loss hit.

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