Looking for a SHORT entry on Monday at the open
We traded succesfully SHORT last week (see 17th idea) and got out quickly in profit with a 1:1 risk/reward ratio based on the fact that the EURO has been in a 2 years bear market vs. the YEN.
After that trade, the EURO went up nicely to retest resistance.
Based on last week 2 years bear market I think we are going to retest below the support of the short term bullish retracement trend.
I think the young traders are not paying attention to the strenght of the bear market and can be cought in a trap here. And being a contrarian I see an opportunity for a SHORT.
I'm going to monitor of the 4H no monday at the open to see if I can get a valid SHORT entry.
After that trade, the EURO went up nicely to retest resistance.
Based on last week 2 years bear market I think we are going to retest below the support of the short term bullish retracement trend.
I think the young traders are not paying attention to the strenght of the bear market and can be cought in a trap here. And being a contrarian I see an opportunity for a SHORT.
I'm going to monitor of the 4H no monday at the open to see if I can get a valid SHORT entry.
עסקה סגורה: היעד הושג
Closed the SHORT for a nice buck here. Thank you very much. I'm out and waiting for a break of the triangle pattern p or down, I do not care as long as I make money. Wherever it will break it will be explosive
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.