faylee

Short for retracement

Short
faylee Updated   
FX:EURUSD   Euro / U.S. Dollar
Estimated Entry:$1.0966
Tp1:$1.0897
Tp2:$1.085
Tp3: $1.734
1H chart see H&S pattern
Daily chart: likely going to fill the gap
Trade active
Trade active:
1st Entry:$ 1.095
Comment:
1H chart update: the bounce was rejected by the trendline and the previous support became the resistant level.
Comment:
TP1:$1.0897 reached
till now 70+pips
Comment:
1H chart update: Likely retrace $1.091xx
Comment:
Tp2: 1.085 reached. 100pips. now move sl to the breakeven and still holds
Comment:
1H chart update: Crucial resistance at $1.0893-1.0910, for bear, better control under $1.0873, if broke the level, should be careful. Strong support at $1.082, after breaking $1.0839(yesterday’s low).
Comment:
4H chart update: wave "b" likely done here, watch the resistant level 1.095 here, once broke i will stay away and waiting for more clear signals
Comment:
Daily chart update: it just hit wedge ceiling, watching now, tomorrow would be more clear.

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