Looking for a SHORT entry on Monday at the open
We traded succesfully SHORT last week (see 17th idea) and got out quickly in profit with a 1:1 risk/reward ratio based on the fact that the EURO has been in a 2 years bear market vs. the YEN.
After that trade, the EURO went up nicely to retest resistance.
Based on last week 2 years bear market I think we are going to retest below the support of the short term bullish retracement trend.
I think the young traders are not paying attention to the strenght of the bear market and can be cought in a trap here. And being a contrarian I see an opportunity for a SHORT.
I'm going to monitor of the 4H no monday at the open to see if I can get a valid SHORT entry.
After that trade, the EURO went up nicely to retest resistance.
Based on last week 2 years bear market I think we are going to retest below the support of the short term bullish retracement trend.
I think the young traders are not paying attention to the strenght of the bear market and can be cought in a trap here. And being a contrarian I see an opportunity for a SHORT.
I'm going to monitor of the 4H no monday at the open to see if I can get a valid SHORT entry.
أغلقت الصفقة: تم الوصول للهدف
Closed the SHORT for a nice buck here. Thank you very much. I'm out and waiting for a break of the triangle pattern p or down, I do not care as long as I make money. Wherever it will break it will be explosive
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.