eurusd short

This is a possible trade plan
Be also prepared to exit early if this tendance reverses

Note

Trade will be opened if confirmed

Note

Based on longer time frames there's a chance to see the euro continue it's way up. I will follow the price on the chart, moving the D point of the pattern until I get a sell confirmation. There's still space here to see the price move higher and I still dont have a confirmation. The entry point if I sell will be adapted. If the price goes above the extreme valid entry point for D then the trade will be invalid.

Note

If I get the signal to sell. I open only when the bar is closed and also based on different charts info. If price ends above the X of the pattern before I get the sell signal then the trade based on this pattern is completely invalid. Note that I may not be able to add when I open the trade on tradingview.

Trade active

Note

move SL back up

Trade closed manually

Close sell at 1.10634 (+34 pips)
Trend is slightly changing but the main trend is still bearish notwithstanding I decided to close the trade and take the profit.

Manu76

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Manu76