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SwissPips
17 Apr 2018 pukul 16.27

EUR/USD: Sell the Pull-back at triple confluence zone, @ 1.23640 Singkat

Euro Fx/U.S. DollarFXCM

Huraian

Hi guys,

Here's a nice trade I will be taking.

As you know, I am bearish on EUR/USD(please refer to my previous ideas).

The idea is simply to sell the pullback which is a triple confluence zone: 61.8% Fib retracement as well as High volume and former support zone.

Should the trade not be triggered, doesn't matter we will find another one ;)

Any like/comment is highly appreciated.

Trade with care!

Best,

Jesse

Komen

PB one level higher

Komen

Finally some action :-)

Komen

Patience is key....

Komen

The developing Poc is not holding suggesting downside to 1.23360

Komen

This pair has been horrible to trade over the last month I must admit!

Komen

* REMINDER NOT TO TRADE EUR/USD UNTIL FURTHER NOTICE LOL*

I am still bearish

Komen



New target at 1.23300

Komen

OK guys, UPDATE on this pair.

We have a nice rejection of 1.24 level. I think it's a good sign that the right shoulder is currently ongoing.

Please pay attention to the below chart. We have a parallel line which is perfectly respected between left and right leg.

Since the potential H&S pattern is ascending, it's likely to break hard if the neckline is violated (which I think will happen).

The technical target is below 1.23 but I will set 1.23 as my final target.

Best,

Jesse

Komen

not a parallel line but horizontal line*
Komen
FM-Alkatheeri
EU is so weak data numbers are crystal clear dear. EUR & GBP only taking advantage of DX weakness believe me when $ will rise thous currency's will be in deep levels soon
nfjr2716
Thank you very much! What is your recommended SL?
SwissPips
@nfjr2716, slightly above the last swing high
AhmadAlsady
1.2480
SwissPips
@AhmadAlsady, not really
FM-Alkatheeri
do you think it will go short after this level 1.236
SwissPips
@fmsalkatheeri, Yes I took the short
Lebih