EURUSD - short re-entry
following from my previous post, stop was taken out and i think it was a little tight anyway
price has tested the 50EMA and im looking at a re-entry to short down to 1.0711 area
price has tested the 50EMA and im looking at a re-entry to short down to 1.0711 area
Note
stop got taken out again, but have been patient and re-entered on the pin candle bar which tested the trapped volume area. Great indication to trick traders into going long and has now formed a perfect double top pattern under the trapped zone.+30 pips at the moment, and have moved SL to break even.
Price should push down further during the London and NY sessions tonight giving me back all profits i lost on the first 2 attempts
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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.