EURSEK broke major daily support! And possible continuation down

٨ نوفمبر ٢٠١٨

EURSEK been trading at this level for a while, where the highs was getting lower and equal lows building pressure for a break below support. That break happened today where we also see a break of the 200 Daily SMA, and i see possible continuation to the downside. This is an exotic pair and have a wide spread so you may need to play it with small lot size. SL could be smaller if you play the 1-4 H TF. Targets as shown in the chart. Happy pips!

٩ نوفمبر ٢٠١٨

ملاحظة

Time to start looking for possible bearish evidence here!

١٣ نوفمبر ٢٠١٨

ملاحظة

I entered short last week on the retest, now we testing minor support and a break below this area mean more downside.

٢٥ نوفمبر ٢٠١٨

ملاحظة

Bearish engulfing on daily chart happening at previous structure and 200 daily SMA. Another trigger for the short idea.

٣ ديسمبر ٢٠١٨

ملاحظة

Idea still looking good, and as soon as we have a break below MS1 on daily that is the last signal to sell or sell again if you in already.