Confluence of resistance on EURUSD

Hi pros!

there is a confluence of resistance which where rejected by the price

CR is composed of:
-up trendline
-down trendline
-horizontal resistance
-0.618 fibonacci

There is a very high probablity for price to fall again and possibly continue the downtrend

Let's short this market aiming for a lower low

Commentaire:

In 1H timeframe price rejected two times the strong resistance , a short opportunity is possible at the market open

Transaction en cours

Commentaire:

Shorted sterling dollar and aussie dollar too , with same sl configuration (20pips)

Commentaire:

Took half of usdjpy to compensate the eurusd trade, ab still the same

and letting the others trade run

Commentaire:

short spx

Commentaire:

compensated the losses of SPX , audusd and gbpusd : -57 x 3 = -171
by taking the rest of gold profit and half of usdcad profit : + 168

only -3$ and a good risk free trade holding with a nice profit

Commentaire:

short gold

Commentaire:

short usdjpy

Commentaire:

gbpusd shorted too and will retry to short audusd and eurusd , just have to find a plan

Commentaire:

Shorted euro dollar and aussie dollar too

eurusd rejected the 0.618 fib

Commentaire:

Commentaire:

buy spx

Commentaire:

compensate the losses of eurusd and audusd: -57 , -57
by taking half on spx and taking half on gbpusd : +57, +70

AB : 5584 + 10 = 5594$

and now we have a lot of risk free trade holding profit :
USDCAD (1:6 reached)
SPX (1:3 reached)
GBPUSD (1:2 reached seems to want to fall more)

Commentaire:

take half of half on USDCAD to compensate the loss on USDJPY : + 68 , -57

AB : 5594 + 11 = 5605$

Commentaire:

take half of half on GBPUSD : +57

AB : 5605 + 57 = 5662$

Commentaire:

take the resting profit of USDCAD and GBPUSD , compensate the losses of gold: +99 , -57

AB : 5662 + 42 = 5704

I think i will stop here today because already made almost a 2% performance and made a lot of losses