EURUSD downtrend continuation: 3 possible entries short
מעודכן
EU got a nice bounce from Powell's comments.
But the downtrend is undeniable, just needs a retrace.
I am watching the three red zones for possible short entries.
I have been short since early April, based on this original plan:
I then fine tuned the fibs and ew to this plan:
In that bigger picture, I am thinking wave 5 down might be done, so we are getting an ABC retrace
But the downtrend is undeniable, just needs a retrace.
I am watching the three red zones for possible short entries.
I have been short since early April, based on this original plan:
I then fine tuned the fibs and ew to this plan:
In that bigger picture, I am thinking wave 5 down might be done, so we are getting an ABC retrace
הערה
No serious entry yet (scalped a few shorts for 10-15 pips each). Price Bounced off my first possible zone, looks to be headed to my second zone, which is ideal עסקה פעילה
First short attempt fired הערה
oops, meant to post this trade set הערה
Tp1 hit on one short (75% of position size).Second short (25%) looking for TP2 is still on.
Even if I lose the second position, it will be profitable overall. But I win both, sweet!
הערה
Sorry for lack of updates on this plan.My short did reach TP2 as well, and hit the first Red Arrow target.
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