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Euro / U.S. Dollar
Short

EURUSD short

By GoldvalleyCap
Updated
EURUSD in a similar situation like GBPUSD. Hovering around a local supply, while in a rising wedge formation, bur less sharp.
A break to the downside and break of the wedge might offer a similar setup to the downside.
Note
Similar scenario as GU, but EU looks somewhat weaker against the dollar in local terms. But if we over shoot the zone, there might be more liquidity above.
snapshot
Note
EU is live
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Trade closed: stop reached
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Note
Looks like we got a double top en a big engulfing candle formation.
Seems like a good re-enter at the next candle, unless it goes white and instant rising
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Trade active
Live part 2
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Trade closed: target reached
TP 1 taken and small part still in to make up for the loss. GG
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Chart PatternsscalptradingSupply Zonewedgebreakout
GoldvalleyCap

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