EURUSD Short
Updated
Bias: Short
Bearish indications
1. Testing trendline resistance
2. Bearish engulfer
3. Bearish trend, LHs and LLs
4. FIB retracement, 0.236 broken, now to test 0.382. Support strong here
Bullish Indications
1. Support at 1.05824
Plan A: Short
Entry= 1.05884
SL= previous LH = 1.06280
TP1 = 1.05488
TP2 = 1.05092
Plan B: Short
entry = below 1.05824 support
SL=1.06150
Bearish indications
1. Testing trendline resistance
2. Bearish engulfer
3. Bearish trend, LHs and LLs
4. FIB retracement, 0.236 broken, now to test 0.382. Support strong here
Bullish Indications
1. Support at 1.05824
Plan A: Short
Entry= 1.05884
SL= previous LH = 1.06280
TP1 = 1.05488
TP2 = 1.05092
Plan B: Short
entry = below 1.05824 support
SL=1.06150
Note
Plan A: TP 1 hit
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