Short

EURUSD TECHNICAL ANALYSIS 30m CHART BREAKDOWN

Updated

just now
I predict that price will rise to just below .786% fib. retracement to 1.4327 on the 30m chart within this consolidation period; heading out of the Ascending Triangle with higher highs, testing and respecting the Strong area of Support with a mix of Bullish engulfing Dojis and an anticipated MACD cross to further confirm my analysis

Thanks

Note

Long Position, not short. Sorry I am new to this. I don't understand why its listed as Short position. Just wanted to clarify that. Bear with me and happy trading. :)

-Kera

Trade closed manually

Noticed the Inverted Hammer and Shooting star forming near the top, after closing trade @ 1.14276; even though this could possibly go higher. Nonetheless, not bad for a rookie and I won't chase.. Will try to short if it continues to rise and gives me reliable bearish confirmation.

Thanks
Kera

KeraTrader

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