EURUSD needs a correction Short

FX:EURUSD240

Euro Fx/U.S. DollarFXCM

Description

⋅ May 25, 2017 7:54 AM

Pending orders below the hammer's wick

Trade active

⋅ May 25, 2017 9:42 AM

Trade triggered. Going short

Trade closed manually

⋅ May 26, 2017 8:23 AM

Closed after the big engulfing ~1.12. We're in a triangle, not the simple type of correction I expected. Will be looking for sideways movement - then a long entry/or a full-fledged trendline breakout (purple)

EURUSD