GabrielSebastian

Recent bullish market is still under the longer trendline.

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FX:EURUSD   Euro / Dólar Americano
If you pull to the daily or four hour chart. There is a bearish trendline. Todays peak hit right on the line I had drawn out since last week. In classic impatient n00b mode I kept going in too early not trusting the chart. From here it did not break the longer trendline. I placed two positions to sell right at this line with a tight stop at 1.1020. I was quite impressed how it came right to the line.

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