EURUSD - Possible top...Pullback or Correction opportunity
I'm short @ 1.22397; SL @1.22749
This is most likely a trade that will develop next week. I was hoping for an intraday move to the support zone and take profits at that time. I might close the majority of my position (for a small gain) and loosen up my SL.
1M:
Good move up, but getting into a fairly strong resistance zone (not marked on chart)
1W:
1D;
Long wicks on several past candles. Indicates potential top.
This is most likely a trade that will develop next week. I was hoping for an intraday move to the support zone and take profits at that time. I might close the majority of my position (for a small gain) and loosen up my SL.
1M:
1W:
1D;
Trade closed: stop reached:
SL hit for loss. USD continues to be weak.
