Short term short on EU

Clearly NFP and bad earning data didn't boost EU back above to 1.125. I decide to take this risk and short this pair at so called the bottom.

Indications:
1. Hourly candle shows a inside bar that may favors the bear.
2. Hourly candle bounced off EMA 230, which I used a lot.
3. 4H candle bounced of the bottom of the Ichimoku Cloud

Handel aktiv:

Entry: 1.1225

SL: 1.1245
TP: 1.1180

RR ratio 1:2

Kommentera:

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