Euro / U.S. DollarShort
eurusd short 1.2090 (with adds higher)
Updated
After closing my earlier short on the eurusd for around 30 ticks, I am getting ready to start a fresh short.,
We are hitting the 76.4 fib retracement on the weekly chart from 2.11.18. Also there is a level here at 1.2090 and daily fib extension 161.8 target 1.2115
The plan is short 1/2 of my normal trade size at 1.2090 and keep 1/2 to short if we have any stop move on the 1.21000 barriers... eyeing the 1.2115 - 1.2145 area stops above 1.2160
We are hitting the 76.4 fib retracement on the weekly chart from 2.11.18. Also there is a level here at 1.2090 and daily fib extension 161.8 target 1.2115
The plan is short 1/2 of my normal trade size at 1.2090 and keep 1/2 to short if we have any stop move on the 1.21000 barriers... eyeing the 1.2115 - 1.2145 area stops above 1.2160
Trade active
Note
still have yet to add my next 1/2 clip in to this. I would need to see 1.21 break which may then open a test of 1.2040.The next 4h fib extension target is 1.2185. So my plan is to add my other 1/2 in there or sell break of 1.21
Note
added short at 1.2160Note
covered the added short at 1.2445 will look to sellat 1.2185 or break of 1.2130Note
short again at 1.2165 for the other 1/2 clip
"Losing is the key to trading, winning is easy"
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.