The Euro has been on a tear fora while now and it may finally be losing some steam here.
This pair broke out bearish last week and now I am looking to hop into the bearish trend for as long as it will hold.
I've set my entry at what should be close to tenkan sen as I'll be looking for a rejection there to enter the sell.
I've drawn out several targets to take partial profit at on the way to my overall target.
If we fail to reject at tenkan sen or if our bearish confirmations change, this setup may become invalidated.
This pair broke out bearish last week and now I am looking to hop into the bearish trend for as long as it will hold.
I've set my entry at what should be close to tenkan sen as I'll be looking for a rejection there to enter the sell.
I've drawn out several targets to take partial profit at on the way to my overall target.
If we fail to reject at tenkan sen or if our bearish confirmations change, this setup may become invalidated.