After closing my earlier short on the eurusd for around 30 ticks, I am getting ready to start a fresh short.,
We are hitting the 76.4 fib retracement on the weekly chart from 2.11.18. Also there is a level here at 1.2090 and daily fib extension 161.8 target 1.2115
The plan is short 1/2 of my normal trade size at 1.2090 and keep 1/2 to short if we have any stop move on the 1.21000 barriers... eyeing the 1.2115 - 1.2145 area stops above 1.2160
We are hitting the 76.4 fib retracement on the weekly chart from 2.11.18. Also there is a level here at 1.2090 and daily fib extension 161.8 target 1.2115
The plan is short 1/2 of my normal trade size at 1.2090 and keep 1/2 to short if we have any stop move on the 1.21000 barriers... eyeing the 1.2115 - 1.2145 area stops above 1.2160
Trade active
Comment:
added short at 1.2160
Comment:
covered the added short at 1.2445 will look to sellat 1.2185 or break of 1.2130
Comment:
short again at 1.2165 for the other 1/2 clip
"Losing is the key to trading, winning is easy"
The next 4h fib extension target is 1.2185. So my plan is to add my other 1/2 in there or sell break of 1.21