waiting for confirmation to sell eurusd pair

29 ago 2018

hey traders, eurusd finally reached a crucial level of resistance.
Clear bullish divergence on RSI in conjunction with dodji makes me looking
for selling opportunities.
as you see, from August 15, the market established a rising wedge,
bearish breakout of this wedge will trigger selling reaction from many traders so
probably we will see a nice rally to the market low
(but, dont be caught in a trap, wait for clear confirmation after breakout).

I would set stop above 1.18,
target would be based on market low!

29 ago 2018

Nota

support is violated

31 ago 2018

Nota

breakout

3 set 2018

Nota

hit target 1

5 set 2018

Nota

target 2 hit