EU SHORT [DAY TRADE STRATEGY]

EURUSD

1D - Evening star formation.
Overall trend is still downtrend. Price currently at sideway. Hence, this evening star formation might not be valid.
Anyway, price had a small candle on SNR zone nearby BRN. Assuming the momentum is weaker. We might able to see price goes down a little.

4H- Waiting for BEOB formation
On the next 4H close. If the price formed a BEOB. Then it is a strong indication that price might fall. For now... just wait for the bearish marubozu to form. However, if price didn't form BEOB, then selling pressure might not so strong yet.

Entry Sell limit @ 1.172 (if latest 4H closed as marubozu)
SL @ 30 - 40 pips
TP @ 1.1645

RRR 1: 2

Trade At Your Own Risk

Orden cancelada:

Sorry for the late update. Been busy with works. The Analysis is no longer valid.