09 July 2013

EUR/USD : Weekly SHS Top

  • Waited a few months for this already. Finally, the weekly SHS Top neckline being broken now = fresh sell signal.
  • Sell stop-in at 1.2800 triggered. Short EUR/USD at 1.2799.
  • Fresh break = cheap trade = good risk/reward. Stop on failure to close below NL or close back above.

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