EUR/USD, DAY CHART, SHORT (18-DEC-2016)
Updated
Note: EUR/USD follows our breakout prediction last week.
Overall, we remain bearish on this pair.
There are 2 ways to trade this pair:
1. When there is a bearish signal appeared, we will
ride on the trend and short
2. Wait the price pullback to support zone at 1.052x
level and bearish signal to short!
Overall, we remain bearish on this pair.
There are 2 ways to trade this pair:
1. When there is a bearish signal appeared, we will
ride on the trend and short
2. Wait the price pullback to support zone at 1.052x
level and bearish signal to short!
Trade active
EUR/USD pullback slightly near to the resistance line at 1.052x area and a bearish signal appeared.A good signal to short now with smaller lot size.
EP: 1.04008
SL: 1.06744
TP: 1.00449
If the price pullback to the resistance zone again, might be a better short opportunity.
Trade active
We decided to move our SL to reduce our risk.New SL: 1.05496
Trade closed manually
We remain our bearish view on this pair. However, we decided to closed this trade early as we don't want to carry trade over the weekend
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