[EURUSD,17/12/2018] Sell after pull back

Dec 16, 2018

Reasons:
1. Both H1 and H4 shows pullback demand
2. Trend is absolutely downward based on both fundamental and technical statements
3. Multiple resistance near 1.13550 area: 200 MA, trend line and horizontal resistance

Entry: 1.13400-1.13550
TP: 1.29000-1.28000
SL: 1.13700

Dec 16, 2018

Note

entry zone is also Fibo 38.2%-50% (1.14430-1.12690)

Dec 17, 2018

Note

Watch for 1.13230 resistance level. If this candle closes under it, we may sell to 1.12600

Dec 17, 2018

Note

Dec 17, 2018

Trade active

Entered short near 1.13550

Dec 18, 2018

Trade closed manually

I manually closed this trade just to be safe. Look for a new chance to re-open position.