EURUSD Sell on breakout. TP at 1.15200
Updated
EURUSD has made selling opportunity with trendline breakout support with break the fibo range as well.
Force of downside movement is very strong at this moment. Will look for any reentry of sell position and never open buy position.
1st position could be placed right after this candle close of wait for the retest.
2nd position can wait at first trendline breakout.
3rd position can wait at 2nd trendline breakout.
Every sell position should be placed the risk just right of its previous high of lower timeframe.
anyhow the most safest trade wait for another restest at lower tf, make the M pattern and again break the trendline.
My target price for EURUSD going down to 1.15200. Look for SELL opportunity guys.
Choose your plan and trade wisely.
Trade at your own risk. Happy trading.
Regards,
Mohd Amirul Anwar bin Ibaharin
Malaysia
Force of downside movement is very strong at this moment. Will look for any reentry of sell position and never open buy position.
1st position could be placed right after this candle close of wait for the retest.
2nd position can wait at first trendline breakout.
3rd position can wait at 2nd trendline breakout.
Every sell position should be placed the risk just right of its previous high of lower timeframe.
anyhow the most safest trade wait for another restest at lower tf, make the M pattern and again break the trendline.
My target price for EURUSD going down to 1.15200. Look for SELL opportunity guys.
Choose your plan and trade wisely.
Trade at your own risk. Happy trading.
Regards,
Mohd Amirul Anwar bin Ibaharin
Malaysia
Trade closed manually
current two trade position has hit SL. Awaiting retest at the 2nd trendline for the 3rd sell position of EURSUD. wait for the H1 closed, if there is rejection, then can 3rd position is a valid entry. if no rejection, just stay away. Will update new market projection.Latest Risk would be previous high around 20pips from the retest area.
Trade at your own risk. Stay strong. Happy trading.
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.