Short on the Euro after daily close below 1.1070
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Short on the Euro @ 1.10704 with an initial target of 1.1040. Shows weakness on today's daily inverted hammer close, rejecting the 1.11 level. Drilling down to the shorter time frame of 120 minute, there is additional signs of weakness on the RSI which has re-tested the 40 line. Last, we have a potential double top rejection on the downward channel.
Daily weakness
120 minute weakness
Daily weakness
120 minute weakness
Trade fermée: cible de profit atteinte
Initial target reached. Closed trade at 1.10397 +30 pipsTrade fermée: cible de profit atteinte
additional note: max draw-down on this trade was 21 pips
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