EURUSD Swing trade - SHORT, bounce from resistance
Updated
In a few days EURUSD is goins sideways in a nice range between (approx.) 1.05622 and 1.06700. I expect a bounce from resistance around this time. This trade has a very good RRR - more than 1:9. TP and SL as on chart.
Although I have entered the trade too soon, I still believe I can cash out a nice profit in short time.
Fundamentals: watch out for NFP tomorrow, if we are in profit, it is a good idea to move SL to breakeven as this event could cause volatility. In the longer timeframe I stay bullish on EURUSD.
Although I have entered the trade too soon, I still believe I can cash out a nice profit in short time.
Fundamentals: watch out for NFP tomorrow, if we are in profit, it is a good idea to move SL to breakeven as this event could cause volatility. In the longer timeframe I stay bullish on EURUSD.
Trade closed: stop reached
I'm sorry to say, but SL was hit....
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