WE SHALL GO DOWN
Hello fellow traders. Today i present to you my EU short idea.As we can see, The pair is in a rather uptrend but this is within a big downtrend. The USD retail news came in support of the USD but the traders seemed to have longs in mind , as for now i will wait for a bounce at the fvg zone and if price does successfully close below the red 4x line then I will start taking my sells as that will be last bearish move after a very long time(MAYBE).....(Big MAYBE)
Note
Made a new analysis , aand this is what i have
Trade active
Note
stop at 1.06keep it small
Trade active
We are in profits, move sl to breakeven, lock some profits in if you used a lot size > 0.01Note
Those who want a re entry can set their sell limits in the green zones, I usually put my biggest in the supply zone then minors in the orderblock
Trade closed: stop reached
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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.