Euro resistance to hold

Warm welcome traders,

Thinking horizontal resistance to hold after selling through a pitchfork.

Cheers.

Kommentar:

...as a moderate to high risk trade.

Trade wurde manuell geschlossen:

Some strength in correlated markets, out for evens.

Kommentar:

Should have kept initial plan to enter at EURUSD(nzdusd(69.97))~1.1872. Even then could see EURJPY with impending USDJPY downturn creating more likely uplift to EURUSD, and in hindsight the droppoint of that pitchfork at a notch less than 1.1882 was the safe entry. However, wanted a near guarantee trade to desensitize, as still trigger shy from the better low risk opportunities occasionally spotted.