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Monday, October 11, 2010

Trendline was broken in $EURUSD

Hello again traders,
Wish you have gained some pips in my EURJPY short setup.There is a great opportunity on EURUSD as the long-term trendline was broken.
In the image above you can see that trendline and 3 candles that closed below it.
we have got 40sma on the way , so any closes below 40sma is a good opportunity to go short and in another way we can wait for a pullback that retests the broken trendline from below and then we'll have a much more accurate setup to go short.
I will tweet this setup so follow my tweets for another profitable setup in this week.

Good luck

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