EURUSD Short
Updated
To hold back taking a position on this pair until price hits significant price level to decide on entry. Blockers at the upside on higher timeframes make it unlikely this pair is going on an uptrend anytime soon.
Trade active
Entered 1/3 short position on current price level, to prevent missing out on a melt. Plan is to scale up as the price falls further. Small risk to take as stop-loss set if the current set-up becomes invalidNote
Entered sell limit remaining 2/3 of trade size @ 1.11677. Existing position stop-loss shifted to profit
Trade active
Sell limit @ 1.11677 hitTrade closed: stop reached
2/3 of trade size sold at 1.11677 hit stop loss. 1st position still in play.
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