The808Trader

Euro Weakness Still To Come? - Ichimoku EUR/USD Short Trade

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FX:EURUSD   Euro / Dólar Americano
Our Bias has shifted to looking for bearish entries as this pair continues to decline. I am looking for a drawback entry and rejection at tenken sen to look for my short entry, but as an alternative we can also trade a break below current price structure. I've also drawn out some partial take profit levels along the way to aim for, should I find a good entry in the first place. If we fail to find a rejection at tenken sen, or fail to break below current price structure support, this setup may become invalidated. 

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