Euro / U.S. DollarShort
EURUSD 15min Update
Updated
Good morning my friends.
Although Price has touched a good support in daily time frame but trend is still bearish.
I have detected a supply area [1.08665-1.08714] yesterday.
Price has reached to this area last evening .
It stated to make a 3drive pattern which is one of my strongest confirmation for a movement. I know many of You use this as a good tool. Ofcourse there was fake break for touching the stoplosses of many traders and then price has started to drop. my first target is 1.083 area and then 1.08080 . With the S/L :1.08770
Although Price has touched a good support in daily time frame but trend is still bearish.
I have detected a supply area [1.08665-1.08714] yesterday.
Price has reached to this area last evening .
It stated to make a 3drive pattern which is one of my strongest confirmation for a movement. I know many of You use this as a good tool. Ofcourse there was fake break for touching the stoplosses of many traders and then price has started to drop. my first target is 1.083 area and then 1.08080 . With the S/L :1.08770
Note
I believe simpleness is the key of peace and success.A simple pattern and minimum tools ...
look what happens....
Note
Target 2 Touched
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