Correction Pattern to Short at Pullback
Updated
Based on the Daily Timeframe, the eurusd is in the correction ABC pattern which is now on A to B after hitting a Daily TF resistance line. if the price pullback to 1.16400 which is a previous support and resistance then it is time to trade short.
Trade active
Sell Trade open @ 1.16162 with 40 pips SL and 100 pips TP. Reason is the stochastic is already crossing.Trade closed: target reached
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.