Daily EUR/USD Short Opportunity

2014년 12월 28일

The EUR/USD is in a steady down trend and the market is perfect for selling short. I will be looking for prices to rotate back up to the resistance zone marked on the chart. This rectangle acts as a resistance zone because the bottom is a round number of 1.23000 and the top is a strong resistance level.

Somewhere within those two levels I am looking for a bearish price action trade setup to form, giving us a great entry that will allow us to ride the bear market.