Do want to catch the BEARS on EURUSD? Short the bat soon!
EURUSD took a turn for bear land last week. Clearly Draghi said something that upset the bulls (I think it was about QE again) so the bears are in full control.
Here is why I would like to short.
1) The trend is down
2) There is a nice bat pattern
3) Nice structure at 1.0630
I will wait for a reaction on M15 to short this pair.
Here is why I would like to short.
1) The trend is down
2) There is a nice bat pattern
3) Nice structure at 1.0630
I will wait for a reaction on M15 to short this pair.
Trade active
Shorted at 1.0615 with 35 pip SL.Trade closed: stop reached
This trade hit the stop loss. Still bearish on the pair and look for another chance to enter.
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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.
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.