Quote:
Originally Posted by biggsyboyo
is this the bearish close we've been looking for on the eur/usd to go short?
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Yes - we now have the confirmation we were looking for to go short EURUSD.
Updated Strategy
1. Short EURUSD at 1.5863
2. Set stop-loss at 1.6039
3. Target the long-term trend line at 1.5531, risking 176 pips to gain 332
Ilya