EURUSD - still in a short. Will it continue?
Updated
EURUSD continues downward from its new year push hitting resistance from the start of December 1.109 levels. The price has pulled back a bit and I'm expecting it to find resistance at the 1.113 level before another push to 1.106 and lower.
As shown in my graph, I'll exit with a Renko brick in the opposite direction that has a wick. The only exception is if it bounces off a support level. In that case I'll wait for a 2nd Renko brick for confirmation. My first TP is around 1.106.
Good luck trading next week.
As shown in my graph, I'll exit with a Renko brick in the opposite direction that has a wick. The only exception is if it bounces off a support level. In that case I'll wait for a 2nd Renko brick for confirmation. My first TP is around 1.106.
Good luck trading next week.
Note
Now back to the level I expected. Waiting for confirmation of a rejection here.
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