EURUSD SHORT
Updated
IDENTIFY
Currently the overall trend of EURUSD is short. From my bias price has broken @.10942 to the down side with a strong bullish engulfing on the 4H TF but price rejected @1.10700 forming a valid DOUBLE BUTTOM making price to reversal going long.
PREDICTION
On the 5min TF this .10942 has being broken & retested so because of the DB on the 4H, price has being made to pull back to the .10942 zone again. I will be looking to enter off this zone.
ENTRY
Fib 61.8 golden LVL drawn on the 1H TF
Price at previous structure support
Price reject on my 20 MA
I'll be looking for a bearish price action signal before executing this trade.
Currently the overall trend of EURUSD is short. From my bias price has broken @.10942 to the down side with a strong bullish engulfing on the 4H TF but price rejected @1.10700 forming a valid DOUBLE BUTTOM making price to reversal going long.
PREDICTION
On the 5min TF this .10942 has being broken & retested so because of the DB on the 4H, price has being made to pull back to the .10942 zone again. I will be looking to enter off this zone.
ENTRY
Fib 61.8 golden LVL drawn on the 1H TF
Price at previous structure support
Price reject on my 20 MA
I'll be looking for a bearish price action signal before executing this trade.
Trade active
THE ENTRY IS SNIPER. I AM VERY DEEP IN PROFIT NOW.
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