MarkFraser

EUR/USD SELL

Short
FX:EURUSD   Euro / U.S. Dollar
90 views
2
SO EUR/USD has reached a very HH. Has created 3 previous 120 pip buy momentum which is followed by a SELL of around 80-100 pips so look to SELL around the region indicated. Look for confirmation...

Will post an update when the next candles are formed so don't go in for the trade yet.
Comment: A nice big wick rejection so could possibly mean a reversal but wait for the next candle to form.
Trade active: I'm entering the trade
Comment: Current profit so far... £500
Trade closed: target reached: Closed with profit of 1K

Comments

I like your analysis. I find many similarities with my own.
Reply
MarxBabu meszaros
@meszaros, good one
Reply
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