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Eurusdshortsetup

EUR/USD - Finally broke it!Alright EUR USD finally did it! Broke 1.15400 that in the last months has been really strong and was able to keep the price up. After this breakout we are going to look for some short position! Where? Well the best entry would be 1.15400 obviously but don't really think will reach it , bearish impulse has been strong and don't think there will be a lot of buyers that push price higher. A good zone might be 1.14800 , in lower timeframes you can see a minor resistance. Will update the idea with the picture in 15m. That's what i see , a strong short continuation but we want to keep this train but with a good price like that our R:R will be perfect! See you with the next idea!
Short
by maro9392
Taranasus's EURUSD ShortPrice reached a new high in the last two years, just one day after the last new high. It is very far away from its short-term ascending support line, not to mention its long-term ascending support line. I expect it to at least fall to its temporary ascending support line which creates a good shorting opportunity. If by some miracle it decides to break this support line down to the next one, we're into some serious dalla dalla. There is a very small chance that it might get pushed higher again, that's why the stop-loss is quite high on this one, so patience is key!
Short
by taranasus