EURUSD sell from weekly resistance

١٣ يناير ٢٠١٨

Weekly resistance zone. Price closed above 50.0% of the weekly chart. So very much possible to go at 61.8%. Daily candle and the weekly candle is a pure buy candle and show great momentum. H4 and H1 chart is already overbought but not daily. I think this pair make small retrace then start a rally again. So short position is not safe at all. Waiting for reaching weekly zone and observing price action and taking short position give good result.

١٥ يناير ٢٠١٨

ملاحظة

Short Entry taken @ 1.2290 with 50 pips SL.

١٥ يناير ٢٠١٨

ملاحظة

1st tp target 2210

١٦ يناير ٢٠١٨

ملاحظة

1st target hit.