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InsiderB
Nov 16, 2016 12:55 PM

Eurusd : Chance for short ! Short

Euro Fx/U.S. DollarFXCM

Description

We should call ourselves lucky, we missed the double bottom which failed & we expected upside breakout but order cancelled again as it broke down. So we are lucky that we didn't lose any pips in Eurusd.

Now, there is support turned resistance zone in 1.0710's and on bearish reversal, I'm shorting, though EURUSD moved a bit down after touching zone, let it give a bearish close. If we got in the move, then aim around Target 1 after that trial your stops after that

Comment

Guys are you in ? We got this one right !

Comment

Trail your stops carefully !
Comments
bostjan
Now bearish?
InsiderB
@bostjan, Currently its at 1.0698's a good place to short with stops above recent highs ( give some space for movements depending on your risk taking ability )
AbodeaAlkin
Thank you for your analysis ...Amazing
InsiderB
@AbodeaAlkin, Thanks for nice words, All the best for your trades !
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