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EURUSD Hourly - Simple, could it hold?
Euro / U.S. Dollar
Short
EURUSD Hourly - Simple, could it hold?
By timmynorin
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Updated
May 1, 2017
7
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Apr 27, 2017
Double top followed by 0.618 retracement after the break of the "v" point of the tops.
This also coincide with the highest high (opening) of candle seen 2017-04-23
Makes nice structure, the V point together with the opening high, and the 0.618 fibonacci.
Lets see where this bus takes us. Two targets set up.
Apr 27, 2017
Comment
Just before our target one, at a few moments after EU press conference we saw a big bullish move, almost completing a bearish gartley
Still in with a small position entered at 0.9285
Apr 28, 2017
Comment
Double bottom at previous support with bullish divergence. Securing 48 pips with stop loss.
May 1, 2017
Comment
Stop loss seen on above image got hit, roughly 50 pips.
First position got stopped out with -20 pips, meaning 30 pips in total.
eurshort
EURUSD
eurusdshort
usdlong
timmynorin
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