eurusd short target from ENTRY 1.17920 TAKE PROFIT 1.17520

following the breakout yesterday from the kumo cloud of 3hrs we played the first 2 bullish candle and ignored the rest. today we might play a slow movement day not expecting much so here's my setup : short from these levels at 1.11790 (The higher the better) and take profit 1.17520 or around that 1.1750 area without thinking much. My informed guess is it could be a very slow day but market could favor the short as part of a 50 to 60% pullback from yesterday's push.
but who knows? if we reenter into the cloud again we can hope to go go touch to bottom level around 1.167? we never know let's see!!!! I personally have already entered the short and i'll add on the position once the first entry is secured
have a nice trading day.

stoploss is 1.1180 don't hold on a losing trade

Zlecenie aktywne:

markets have started to go in our favor as bulls show signs of weakness but it's too early to add on the position i am waiting for a retest of 1.1890 to add on

Komentarz:

i added to the position on the above mentionned area 1.17890 i am now 2 lots short the target could run hit fast before a bounce , use proper risk management and move your stop in profit at least a few

Komentarz:

taking half profit here at 1.11730 better to lock in some profit as the general trend is up i move my stop at 1.1780 if it hits at leats we're in profit on the day trade

Transakcja zakończona: osiągnięto poziom stop:

stoploss hit in profit at 1.17800 i won't force this trade. wait to see what the market has to offer now