xadiq

EURUSD Bearish Long Term

Short
xadiq Updated   
FX:EURUSD   Euro / U.S. Dollar
7
Just putting my ideas on a canvas, but not quite in words.

Thoughts, comments, critiques? Please let me know. Thank you.
Trade active:
Short 1.13281
Target: 1.2266 (a bit far, I know, but probable.)
Comment:
Price has moved beautifully according to the plan, almost following the arrows drawn (unintentional). Now that it's hit the upper line of the pitchfork, if price bounces of this line, we can expect it to move up a little (though not as high as upper-most extended line of the pitchfork). I still think EURUSD will head down lower in the following days/weeks.
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.