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The808Trader

A Running of the Bears in Europe? Ichimoku EUR/USD Short Idea

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Euro / USA-dollar (FX:EURUSD)  
The808Trader  
FX:EURUSD   Euro / USA-dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurodollar Bearish Patterns ichimokukinkohyo ichimokuforex ichimokuchart ichimmoku the808trader
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trendanalysis chartpattern indicator eurusd eurodollar bearish ichimokukinkohyo ichimokuforex ichimokuchart ichimmoku the808trader
Eur/USD has been in a strong bearish trend for week or so now, and we have risen up to test tenken sen. I am looking for a bearish trend continuation sell entry. Ideally we would be rejected here at tenken or kijun which would give us a sell opportunity. For this trade I am targeting our previous low of 1.2060. If we reach it, I will close partial and let the remaining portion run , adjusting my stop loss periodically. If we don't see a rejection or our bearish confirmations change to bullish, this trade may become invalidated.
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