EUR/USD: Bearish Below 1.1011
We have a situation. We're bearish EUR/USD - at least temporarily.
The Situation: We’re bearish below 1.1062, however, if price gets that high it invalidates our idea for a short-term bear trend. That said, we like short spots below 1.1011.
Bearish Techs: Bearish Divergences present in the Daily MACDizzle, MACDizzle Histogram, RSI, and Slow Stochastics. RSI signal sub-50.0.
Bullish Techs: Bullish convergences in all previously mentioned daily indicators. Strong 3 month uptrend.
Implication of Techs: The potential for a series of good short spots. USD’s Revenge!
Dangers: EUR/USD currently trades at 1.0924, which is in the **Fibonacci Golden Zone** of the recent **1.0725 to 1.1137** move. Price could reverse from here and provide punishment and NAV reduction mathematic lessons on shorts.
Dangers: The thing is bullish and in an uptrend.
Gameplan: We’re gonna camp out for shorts.
Bearish Price Targets: Support Zones! Need to get below 1.0919 (Daily support zone), then 1.0881 (Important support zone), then our first target is 1.0795, then 1.0714 on down. See below.
Daily Support Zones: 1.0919, 1.0881, 1.0795, 1.0642
Major Support: 1.0504.
Preferred Stop Loss Zones on early entries: Over 1.0968.
Current Situation: Flatski.
Current Price: 1.0923
The Situation: We’re bearish below 1.1062, however, if price gets that high it invalidates our idea for a short-term bear trend. That said, we like short spots below 1.1011.
Bearish Techs: Bearish Divergences present in the Daily MACDizzle, MACDizzle Histogram, RSI, and Slow Stochastics. RSI signal sub-50.0.
Bullish Techs: Bullish convergences in all previously mentioned daily indicators. Strong 3 month uptrend.
Implication of Techs: The potential for a series of good short spots. USD’s Revenge!
Dangers: EUR/USD currently trades at 1.0924, which is in the **Fibonacci Golden Zone** of the recent **1.0725 to 1.1137** move. Price could reverse from here and provide punishment and NAV reduction mathematic lessons on shorts.
Dangers: The thing is bullish and in an uptrend.
Gameplan: We’re gonna camp out for shorts.
Bearish Price Targets: Support Zones! Need to get below 1.0919 (Daily support zone), then 1.0881 (Important support zone), then our first target is 1.0795, then 1.0714 on down. See below.
Daily Support Zones: 1.0919, 1.0881, 1.0795, 1.0642
Major Support: 1.0504.
Preferred Stop Loss Zones on early entries: Over 1.0968.
Current Situation: Flatski.
Current Price: 1.0923
Note
Not jumping in the current short. Need a good rally, then we'll take the next one.Current Price: 1.0920.
Will post an update on entry execution.
Note
Current Price: 1.0938We're probably not participating in this trade. All the margin is tied up in the recent USD/CAD idea. (It triggered first.)
Note
Back to EUR/USD!Waiting to enter a short position on EUR/USD with stops at 1.0968.
Current Price: 1.0943
Transaction en cours
Short executed at 1.0943!Stops at 1.0968.
Current Price: 1.0943
Trade fermée: ordre d’arrêt atteint
Flat at 1.0968 -25.Fail!
Loss!
Note
Camping for the next short spot. Staying with the idea.Current Price: 1.0966.
Ordre annulé
***This Idea is Dead***Current Price: 1.0978
Transaction en cours
***Idea is not dead.***Taking a short spot at 1.0944, stops at 1.0970.
Transaction en cours
Moving stops to 1.0924. +20 Pips locked
Entry: 1.0944
Current Price: 1.0877
Transaction en cours
Moving stops to 1.0904. +40 locked.Current Price: 1.0874
Transaction en cours
Moving stops to 1.0894... +50 locked.Note
Easing stops down to 1.0889+55 locked.
Might get squeezed out of this one. I really wanted 1.0795 or 1.0715ish.
Note
Flatski @ 1.0889+55 Pips.
Win!
Transaction en cours
EUR/USD: Short @ 1.0858, Stops @ 1.0910Target: 1.0795, 1.0730
Current Price: 1.0859
Note
Remain stiff damnit! Hold the line bitches!
lol!!!
Current Price: 1.0869
Trade fermée: ordre d’arrêt atteint
Stopped out at 1.0910.-52
Fail. Not a bad trade.
LOSS!
Transaction en cours
Short re-executed at 1.0902, stops at 1.0915. (Top of range.)Trade fermée: ordre d’arrêt atteint
Flat @ 1.0915-13
Loss!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.