MEX_Exchange
Short

EURUSD shot up perfectly towards our profit target, sell

FX:EURUSD   Euro / U.S. Dollar
Sell below 1.1855. Stop loss at 1.1895. Take profit at 1.1747.
Reason for the trading strategy (technically):
Price has shot up perfectly from our buying area and is fast approaching our profit target. We prepare to sell below major resistance at 1.1855 ( Fibonacci retracement , Fibonacci extension , horizontal swing high resistance) for a push down to at least 1.1747 support ( Fibonacci retracement , horizontal overlap support).
Stochastic (34,3,1) is seeing major resistance at 98% and we expect to see a corresponding reaction off this level.

Comments

Good one. smiler :-)
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Well done on this idea. Great call.
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Wow great job, may God bless you
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@Tau10, hello there
Can you say me at what time we have use this stratedy
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waou great
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terimakasih dari indonesia
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moneey in the bag !!!! thank you!!
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nailed ;) thanks
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You also had one EUR/USD Pair on 20.10 with E: 1,18783 TP: 1,17477 SL: 1,19499 - is this then not valid anymore or do you run both at the same time?
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Awesome job guys ! Thanks and keep up the excellent work ;)
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