Do want to catch the BEARS on EURUSD? Short the bat soon!

12 dic 2016

EURUSD took a turn for bear land last week. Clearly Draghi said something that upset the bulls (I think it was about QE again) so the bears are in full control.

Here is why I would like to short.

1) The trend is down
2) There is a nice bat pattern
3) Nice structure at 1.0630

I will wait for a reaction on M15 to short this pair.

12 dic 2016

Trade attivo

Shorted at 1.0615 with 35 pip SL.

12 dic 2016

Trade chiuso: stop raggiunto

This trade hit the stop loss. Still bearish on the pair and look for another chance to enter.