EURUSD Short Trade (quick)
Daily price bearish: Price below kumo -> Kijun break to downside
H4 entry shows multiple conditions being met: Bearish Kumo breakout -> Bearish Donchain Support breakout -> Chikou Confluence (PS: You can wait for kumo twist)
Bearish Patterns: Bear Engulfing on H4 and Daily + Descending Triangle on H4 and Daily
Entry could be after close below support at 1.13180
Targets: Not set targets. Trailing stop or set targets can be used
SL above Kijun around 1.14058: Adjust SL at tweezer bottoms (If tweezer bottom is formed - watchout for inside trading to outside trading to exit or re-enter the trade)
The price could bounce back up soon from 1.12155 level. This could be a quick profit trade to that point.
Goodluck!
H4 entry shows multiple conditions being met: Bearish Kumo breakout -> Bearish Donchain Support breakout -> Chikou Confluence (PS: You can wait for kumo twist)
Bearish Patterns: Bear Engulfing on H4 and Daily + Descending Triangle on H4 and Daily
Entry could be after close below support at 1.13180
Targets: Not set targets. Trailing stop or set targets can be used
SL above Kijun around 1.14058: Adjust SL at tweezer bottoms (If tweezer bottom is formed - watchout for inside trading to outside trading to exit or re-enter the trade)
The price could bounce back up soon from 1.12155 level. This could be a quick profit trade to that point.
Goodluck!
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