"Euro" Short Opportunity

14 ago 2018

Overall bearish based off higher TF's. A ton of confirmation for this trade starting off w/ price on the 8 Hour and more so the 4 Hour respecting the 8 EMA to the T w/ multiple rejections and failed attempts to push higher. The shooting star, 3 pin pattern on the 4 hour, coupled w/ the bearish engulfing on the 2 hour w/ a double top and the TL break and MA cross back to the downside on the 1 hour; topping it all off w/ a break of the consolidation range. 1:1 R:R; Target 68 Pips.