Hi traders,
After I placed a short somewhere in the red zone the EURUSD was falling fulminantly today. During the consolidation phase, that hold for four days, my feelings were moving also. Up and down - up and down...
Okay, so my second trade that I will start is at the level of 1.0720. At this price I await a retest with a following hard downmove for a new low, that starts the downtrend.
At the moment I don't have any Take-Profit-Levels - I am only watching the chart, looking forward to see the price falling.
Good luck and a lot of pips!
After I placed a short somewhere in the red zone the EURUSD was falling fulminantly today. During the consolidation phase, that hold for four days, my feelings were moving also. Up and down - up and down...
Okay, so my second trade that I will start is at the level of 1.0720. At this price I await a retest with a following hard downmove for a new low, that starts the downtrend.
At the moment I don't have any Take-Profit-Levels - I am only watching the chart, looking forward to see the price falling.
Good luck and a lot of pips!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.