EURUSD short idea

Still anticipating a melt lower before a continuation higher.
Market sentiment is bullish since highs are being broken.
this could be a retracement lower for a continuation. so I advise caution.
As usual, secure positions, partial, and manage risk.
Annotations and partials made in the chart

if I'm wrong, ill manage risk, secure positions, and re-assess my idea

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Profit target 1 achieved taken scaled out

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Pre-NY session, we could have retracements higher. Secure positions

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Trailed stops to breakeven

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Scaled out, minimized risk and maintained breakeven stops

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Would you buy a retest higher or short for a continuation lower?
Those are the odds at the Previous Day's High level
50/50 depending on how you want to position yourself.
Remember when in doubt, do nothing, and don't push your luck.

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The gap has the potential to hold, it may not be filled.
Anticipating collapsing all positions in the next hour.
Looking for long ideas

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collapsed most positions

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if short, secure and partial positions

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price dropped into the area of interest despite the uncertainity

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You might be tempted to go short after the breakout lower.
That's something I'd avoid doing unless you can take a micro-scalp in and out.

העסקה בוטלה באופן ידני

Collapsed all positions

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Comment: Easy profit target achieved, if still in, remember to scale out.
I collapsed most positions before most targets were hit.
Approaching London open, as always, secure positions

עסקה סגורה: היעד הושג

All profit targets achieved

Quantum_Labs

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Quantum_Labs

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