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RationalTrader RationalTrader EURUSD, D, Short ,
EURUSD: Expecting one more impulsive intermediate wave down
74 1 3
EURUSD, D Short
Expecting one more impulsive intermediate wave down

There is still a large bigger downtrend on this pair's longer timeframes. I am expecting one more impulsive leg down to form a wave 5 in the wave pattern I currently see on this daily chart. Price is as well currently inside a descending triangle, which increases the chance for a break down today or tomorrow since we are very close to it's apex. If price would ...

Joe_Keegan Joe_Keegan PRO GBPUSD, 240, Short ,
GBPUSD: BEARISH TRENDLINE BREAK GBP/USD
36 0 0
GBPUSD, 240 Short
BEARISH TRENDLINE BREAK GBP/USD

After a bearish week previously I am looking for additional trades short after profiting from the initial break of the inside trend line. A little retracement up to 1.2400 area could provide an optimal short opportunity with targets down at 1.2500 with a 2:1 risk reward. if market does not retrace, a strong close below 1.23113 will also provide a decent shorting ...

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