Late last week, I see a false breakdown on EURUSD.
The immediate rejection of the breakdown tells me that EURUSD is likely going higher.
I am able to plot a shark pattern which completes around 1.14.
This will be my game plan to short EURUSD next week.
Will monitor for weakness around 1.14 before executing my shorts.
The immediate rejection of the breakdown tells me that EURUSD is likely going higher.
I am able to plot a shark pattern which completes around 1.14.
This will be my game plan to short EURUSD next week.
Will monitor for weakness around 1.14 before executing my shorts.
Trade active
Went in at 1.1390Trade closed: target reached
Hit tp at 1.1170
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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.