Euro / U.S. DollarShort
EURUSD
Updated
Hi,
We had an almost successful analyse on EUR last time and now many things are more clear for me in chart.Like we have a bearish pennant in chart and in that pennant we have another triangle formation that made more limits for EUR.
By all of that i think it's time for a short trade in this triangle with 2 target.
Target 1 = 1.163
Target 2 = 1.159
Stop loss = 1.181
Don't forget it's a short-term trade and i have much much lower targets for long-term that i will mention later.
Good Luck
We had an almost successful analyse on EUR last time and now many things are more clear for me in chart.Like we have a bearish pennant in chart and in that pennant we have another triangle formation that made more limits for EUR.
By all of that i think it's time for a short trade in this triangle with 2 target.
Target 1 = 1.163
Target 2 = 1.159
Stop loss = 1.181
Don't forget it's a short-term trade and i have much much lower targets for long-term that i will mention later.
Good Luck
Note
Great moves,little rest now and after that will continue moving down.Trade closed: target reached
Enjoy profit,i start new trade Setup on EUR soon.Note
Don't be greedy,we reach our first target,now move your stop lower that can protect your profits.Note
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