Short

EU looking for a bounce to short more

Updated

I think EU will brush if not break 1.1800.
A stop hunt below would make prefect sense.
Right now I think EW has one more small wave down to go, before any bounce.

Have been riding a large short, looking to add more.
I added some on previous tiny bounce.
Now looking for another scalp.

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This Idea is a part of my overall short, which started with this:

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My last added shorts were on this bounce:

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EU entering my first zone of interest. watching behavior

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I refuse to believe EU is this weak.
Bear trap maybe, watching.

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Adding a small short here.
Looks rejected from resistance zone.

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Just jambed by stop at break even

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1min chart lol! but this is what I am expecting for scalping thoughts

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If I was purely scalping for 20-30 pips, I would probably take profit here. But instead I have taken 50% off the table, and dragged own the SL on the rest

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wow, EU weak weak weak. Some defense ahead of 1.1800 but not impressive. I think 1.1800 will break, maybe after a bit of a retrace.

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Expecting to see this bounce a bit, will evaluate the bounce. I still think 1.18 will break

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Dragging stops lower.
Anticipating breach of 1.18, and a sharp spike down.
Will gauge remaining position based on that reaction.

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Weak bounce, but waiting to see how this plays out

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Seeing a weeee bit of support at my mid-band. dragged stops closer.

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Looks like the drop is about done for now.
Will leave my SL and see if it survives (well in profit) or I will just keep this an added short to ride the trend

Trade closed: target reached

Gotta luv it when a plan comes together.
I have closed most of this position, leaving 20% with SL in profit.
The bounce looks like it might be done, so am watching further signs of weekness.

EuroMotif

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