EURUSD SHORT IDEA

Updated
Explanation clear on chart
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Looks like magenta trajectory materializing. Watch for PA around 61.8% level
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Looks like we have a bounce from 50%. I will take a short here with SL 1.2315
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61.8% is still on radar. WIll add more short positions when we see bearish PA there
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Price went through 61.8% like butter. Order wasn't filled
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Last place to see any bearish PA for short. If cyan trendline is broken upside, buy the pullback
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Conservative entry for EURUSD sell.
NOTE: SELLING MODE STOPS IF CYAN TRENDLINE IS BROKEN TO THE UPSIDE
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Sell on every rise!
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Trade active
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Price is currently stucked at the moment. Looks like we have price indecision. best to watch price actions for directions

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Chart PatternsSupport and ResistanceTrend Analysis

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