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Eurusdshortsetup

EURUSD | 15min Chart | Chapter 1Looking to take a short in EURUSD if the following scenario Requirements: 1. Downbreak to the orange line (S/R level 1) 2. I want to see an open/close of a 15min candles below it 3. Price moves up again to Sell area 1 S-L (Stop-Loss): Above the little swing generated when Sell area 1 acted briefly as support Target: For me the next bigger support level (in this timeframe) Consider: This trade is based on the 15min chart - therefor levels have less importance than on HTF (Higher-Time-Frame). Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;)
Short
by a_tale_of_bulls_and_bears
EURUSD | New perspectiveWith a simple downtrend continuation pattern identified on the 1 H time frame after connecting the series of lower highs; I am looking forward to taking advantage of a potential bearish momentum going into the New York session. Let's see what happens as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry