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EURUAS 15M CHANNEL BEARISH BREAKOUT

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Euro / USA-dollar (FX:EURUSD)  
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FX:EURUSD   Euro / USA-dollar
Trend Analysis Chart Patterns Technical Indicators Ascending Channel channelbreak breakouttrading tradingstrategyguides EURUSD 15m forextrading
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trendanalysis chartpattern indicator ascendingchannel channelbreak breakouttrading tradingstrategyguides eurusd 15m forextrading
Price in ascending channel and has failed to make a new high
Price may bounce bullish at any of these levels shown
If price continues to fail through the ma levels then
1st Short trade
1st Sell Stop @ 1.1415

If price breaks below both ma levels then
2nd Short trade
2nd Sell Stop @ 1.1390

Sell TP is @ 1.1363
SL as shown
Watch for Mace to confirm direction by crossing below zero line
Kommentera:
Looks like the bears are out forging
snapshot
Kommentera:
Manually closed trade when price hit 800 sma above TP
snapshot
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