There is still good resistance and move before price reached it was without good consolidations. In my point of view, short would be better, as soon trend line on M15 will broke down.
Quite risky entrance, but expecting consolidation.
EURUSD H4 -resistance. Going to M15 and waiting confirmation for short position!
Consolidation over! Buy stop excuted! Good potential with good risk/reward ration (6).
The idea is simple for today. Price showed, that it dose not want to go down for today. Has 2 trades already and got 2 losses. Looking after nearest resistance and if it will be break up, I will make one more shot for long.
Okay, lets come back to statement "Trend is your friend"! Local consalidation looks over! Short stop, with risk/reward ration min. 2.
Waiting when price will break local high. Placed Buy stop.
Not believing in H4 line break out. Placed Sell stop on break out of 1.3320 with short stop and good potential profit. Will see! Generally, thinking this week going to be week of consolidation. not expecting break out of new highs. UPDATE: Position has been opened!
Understand that trend is more UP, however decided to take small short.