short position set up for EURUSD

the strategy is simple to follow.

if the price closed below the baseline and the local trend line

we can set our short position. the target is around red zone on the chart.

closing above 1.059 has more chance to test upper level around 1.072.

so you can manage your stop loss based on those levels.




Enjoy the market
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Giao dịch đang hoạt động:

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considering resistant level 1.072 tested the strategy is the same but our base line removed to 1.059 level.
if the price closed below our base line this strategy will be validate.

Giao dịch đang hoạt động:

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our condition is the same. the baseline is our confirmation drop if breaks.