EURUSD short based on price action

2021년 7월 16일

Hi folks,

New trader here (less than 6 months) trying to build some reputation so I can join these public chats to share ideas.

I thank all of you for your 'on the fly' ideas and helping to educate me.

Onto my thought..

There is not a ton of resistance on the daily between the consolidation happening now and the next price move.

The descending trend indicated on my chart shows the pullback to be a new higher low near the top of the trend.

seems to indicate she is going down towards the next 'lower low' trend @ 1.7500????

I shorted at 1.18098 looking for a profit at 1.17800 and a stop at 1.18250

Thanks for your time and please help me build a reputation :)