Another day and yet another interesting euro trade. Today, EURUSD broke its uptrend line with a convincing daily candle. The broken level near 1.1270 offers a compelling short with stop above the hourly swing high. I usually prefer taking an entry near the swing 0.382 fib, but the 0.5 offers a better proposition in this configuration. My entry is GTD for 12 hours and thereafter actively managed on the H1.
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.
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.