EUR/USD Potential Short Entry
I've closed out half of my trade from this morning and moved stops to breakeven. About 70 pips taken on the first half.
Looks like the Euro has found support at the 1.13865 S/R level. If we break through this level I still have half my position to take a little more profit. If not I will look to enter short on the retest of a long term 127.2% fib level, which also coincides with a bearish cypher pattern currently forming.
Looks like the Euro has found support at the 1.13865 S/R level. If we break through this level I still have half my position to take a little more profit. If not I will look to enter short on the retest of a long term 127.2% fib level, which also coincides with a bearish cypher pattern currently forming.
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