I shorted EURUSD at 1.27. If you have a look at hourly or 4-hour chart, a bearish rising wedge was formed. After observing EURUSD struggled at 1.27, I pulled the trigger. And, what a day. 3 profit targets were hit.
Here is the CHART!
Have a great weekend!
Andre Siregar says
Congrats 🙂 I saw the wedge earlier today and I had a feeling price was going to decline, but I struggled in finding the entry. What made you pull the trigger? Was it the shooting star candle?
I struggled a bit as well. 🙂 The third failed attempt of big figure 1.27, the price bars with long tails near the top of wedge, and risk/reward about 1:3 convinced me to pull the trigger. Well, maybe I was lucky.
another great entry and exit . thanks for sharing again !!!