EU short triggered

Based on news.

Hopefully, I can place a trailing stop at break even or better before the press conference.

Commento:

Trailing stop set, currently a little above last Fib zone.

Commento:

Trailing stop moved down some

Commento:

Trailing stop moved again, TP extended lower

Commento:

Trailing stop moved again

Trade chiuso: obiettivo raggiunto:

Trade closed. Will probably bounce here, might as well book the pips and wait for press conference.

Commento:

Scalp closed, but still holding 60% of my long term short per this plan:

Commento:

Commento:

Back to 1min chart.
there is a whole mess of Fibs here that EU is consolidating in.
If it breaks below, there is good room to next zone down.

Commento:

Chewing through a pretty strong support zone.
Looks to be headed to the 3.618

Commento:

closeup of the price action within Fib Zone.
Each line is noticed, and reacted upon by humans (or bots).

Commento:

Ruh Roh! Bottom of Zone pierced.
Buy orders gone, only a matter of minutes to break lower IMO

Commento:

Here we are, will it bounce, even a dead cat? or just slice through the 3.618?
s3.amazonaws.com/tra...shots/a/Adc6wjPs.png

Commento:

Dead cat bounce? Unless bulls can break past the 3.382 at 1.169 , is all ova. But if they break the 3.326 at 1.11695, they have hope
s3.amazonaws.com/tra...shots/f/fwApzBZ2.png

Commento:

oh no EU! there are some decent support zones in 1.164/65 zone, but the 4.618 at 1.163 is likely next target
s3.amazonaws.com/tra...shots/t/txr2qZHi.png

Commento:

Nice.
EU broke through numerous zones, and looks to want the 5.618 extension as a resting spot.

This latest move (due to ECB in-action) has made it very likely that my long term short will continue on the exact path I was hoping for: