Euro / DollaroShort
EUR/USD 4HR Chart
1) According to my speculation, I have drawn out my thought reasoning and I believe EUR/USD has reached its "peak" by touching my resistance line.
2) Therefore, I now believe it will generate a down trend to the support lines.
3) This is a trade I personally am taking, however, be cautious and use judgement on your trades.
Entry: 1.14690
Stop: 1.14792
Target 01: 1.14122
Target 02: 1.13932
Target 03: 1.13626
*Assuming everything plays to my favour this is my plan. Again, I am purely sharing my personal thoughts with this trading community hmm!
-Happy Trading-
2) Therefore, I now believe it will generate a down trend to the support lines.
3) This is a trade I personally am taking, however, be cautious and use judgement on your trades.
Entry: 1.14690
Stop: 1.14792
Target 01: 1.14122
Target 02: 1.13932
Target 03: 1.13626
*Assuming everything plays to my favour this is my plan. Again, I am purely sharing my personal thoughts with this trading community hmm!
-Happy Trading-
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