Confluence of resistance on EURUSD

Hi pros!

there is a confluence of resistance which where rejected by the price

CR is composed of:
-up trendline
-down trendline
-horizontal resistance
-0.618 fibonacci

There is a very high probablity for price to fall again and possibly continue the downtrend

Let's short this market aiming for a lower low

Comentário:

In 1H timeframe price rejected two times the strong resistance , a short opportunity is possible at the market open

Trade ativo

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Shorted sterling dollar and aussie dollar too , with same sl configuration (20pips)

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Took half of usdjpy to compensate the eurusd trade, ab still the same

and letting the others trade run

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short spx

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compensated the losses of SPX , audusd and gbpusd : -57 x 3 = -171
by taking the rest of gold profit and half of usdcad profit : + 168

only -3$ and a good risk free trade holding with a nice profit

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short gold

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short usdjpy

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gbpusd shorted too and will retry to short audusd and eurusd , just have to find a plan

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Shorted euro dollar and aussie dollar too

eurusd rejected the 0.618 fib

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buy spx

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compensate the losses of eurusd and audusd: -57 , -57
by taking half on spx and taking half on gbpusd : +57, +70

AB : 5584 + 10 = 5594$

and now we have a lot of risk free trade holding profit :
USDCAD (1:6 reached)
SPX (1:3 reached)
GBPUSD (1:2 reached seems to want to fall more)

Comentário:

take half of half on USDCAD to compensate the loss on USDJPY : + 68 , -57

AB : 5594 + 11 = 5605$

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take half of half on GBPUSD : +57

AB : 5605 + 57 = 5662$

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take the resting profit of USDCAD and GBPUSD , compensate the losses of gold: +99 , -57

AB : 5662 + 42 = 5704

I think i will stop here today because already made almost a 2% performance and made a lot of losses