EUR.USD - Break & Retest Short Opportunity

FX:EURUSD   Euro / U.S. Dollar
Currency Pair: EUR.USD
Time Frame: Daily & 4hr
Predicted Direction: Short

Live EUR.USD updates will be available in the comments section below
Comment: A consolidation period is now underway, awaiting a neckline pullback prior to a pending order placement.
Comment: Potential short opportunity into this evening should price continue to pullback.


Great analysis
+1 Reply
TomHall Debbywealth
@Debbywealth, Thanks very much :-)
still in some of the position from 1.18xx, will be moving stops down with price action expecting an eventual move to 1.14-1.12 handle. work full time so cant monitor to be jumping in and out, else would done so earlier.

Gl this week Tom.
+1 Reply
TomHall Henry_Cleaver_Trading
@Henry_Cleaver_Trading, Great work, i hope all continues to go well your end.

You too mate.
+1 Reply
Hello Tom ,

Please ,tell me, this means to wait the price reaching 38.2 % (1.6913),then to trade short?
Thank youuuuu!!!

+1 Reply
TomHall traderx_777
@traderx_777, Hi,

That's what i am looking for, however there are multiple confluence factors that are required prior to any pending order placement.
@TomHall, All my BEST regards !
+1 Reply
TomHall traderx_777
@traderx_777, Thank you.
@TomHall, Keep your good work.I am following you.
Congratulations for your #2 All Time trader!
@TomHall ncad please. ^,^
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