EURUSD (4h) Short setup, decision point(?)
Following up on last weeks successful prognosis (uk.tradingview.com/chart/EURUSD/TLKtjtOE-EURUSD-4H-Taking-a-breather-Two-interesting-things/)
I now enter a short position, aiming for 1.0620 with first target at 1.0700.
This is could however be a decision point for entering a strong bullish move, but I use the double top forming at B (see historically strong point at Z) before we make that move upwards.
Tight stop loss on this one, as a break above could trigger the bullish move I just mentioned.
I now enter a short position, aiming for 1.0620 with first target at 1.0700.
This is could however be a decision point for entering a strong bullish move, but I use the double top forming at B (see historically strong point at Z) before we make that move upwards.
Tight stop loss on this one, as a break above could trigger the bullish move I just mentioned.
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