EURUSD Easy 4:1RR short after news volatility
SHORT OPPORTUNITY IDEA
Due to EUR news yesterday, EURUSD saw major volatility interrupting the forming bearish structure of LH and LL.
As the movement of the news if finally finished, and price is near high's in the bearish structure. A collapse would offer an excellent RR short trade.
I will be looking to short a clear lower high formation between 1.105 and 1.1065, with target of 1.099 (RR>4).
Due to EUR news yesterday, EURUSD saw major volatility interrupting the forming bearish structure of LH and LL.
As the movement of the news if finally finished, and price is near high's in the bearish structure. A collapse would offer an excellent RR short trade.
I will be looking to short a clear lower high formation between 1.105 and 1.1065, with target of 1.099 (RR>4).