Callitradar
Short

EURUSD SHORT

FX:EURUSD   Euro / US-Dollar
100 2 3
FX:EURUSD            

The long term is bullish , but I believe we will have a correction before moving up. This is a counter-trend trade so manage your risk appropriately.

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Happy Trading!
Kommentar: Doing good!
Nice analyze, how did the trade go? did you get the 215 pip target?
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Callitradar granitehandchinkys
@granitehandchinkys, Thanks for the comment. No, I did not. Don't pay attention to my SL and TP. I used that just to calculate the possible drop. I look for confirmation after the break before entering. This is the actual trade I took.
snapshot
Here is a similar idea that could give another entry , although I don't like price action right now. I will have to wait and see. But I expect at least a break above the high before considering a sell at that level, OR a break below the range and retest the level.
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