Eurusd install downtrend again

28 sept. 2015

hey traders, recent NSH was rejected by priceaction which formed a NSL. When priceaction does violate the last impulse's initial point - this is a sign of reversal. So I expect further impulse movement to the downside. My take profits here are at 1.272 XA extention because we are likely to see the second impulse after the sign of reversal which is considered to be the first. When priceaction retests A-point, I close half of my position leaving only half at risk.let's see how it works))