EURUSD short idea

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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

٢١ يونيو ٢٠٢٢

ملاحظة

Profit target 1 achieved taken scaled out

٢١ يونيو ٢٠٢٢

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

٢١ يونيو ٢٠٢٢

ملاحظة

Trailed stops to breakeven

٢١ يونيو ٢٠٢٢

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Scaled out, minimized risk and maintained breakeven stops

٢١ يونيو ٢٠٢٢

ملاحظة

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.

٢١ يونيو ٢٠٢٢

ملاحظة

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

٢١ يونيو ٢٠٢٢

ملاحظة

collapsed most positions

٢١ يونيو ٢٠٢٢

ملاحظة

if short, secure and partial positions

٢١ يونيو ٢٠٢٢

ملاحظة

price dropped into the area of interest despite the uncertainity

٢١ يونيو ٢٠٢٢

ملاحظة

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.

٢١ يونيو ٢٠٢٢

تم إغلاق الصفقة يدويًا

Collapsed all positions

٢٢ يونيو ٢٠٢٢

ملاحظة

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

٢٢ يونيو ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف

All profit targets achieved