Renkotrade

EURUSD SHORT after Fake Breakout

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FX:EURUSD   Euro / Dólar Americano
Hello to all watching my charts.

Today we have seen a really fake breakout to the longside
up to

1.1149

and than all support have been broken.

This is normal in a fake breakout situation.

It runs above the last high only to shoot down
after that under all supports.

We can see that on the fed meeting in realtime also.

Now Short has been established and next bigger support is far away at
1.0830 this should be the first target for short.

Good trades

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and if you want to know more about my trading style
please send my a boardmail.

Renkotrade

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