Review - EURUSD Needs to break the downward trendline for shorting on 5 Nov 08

[toyogo00]

Hi,

Break down setting up:
EURUSD is at it's downward trendline and Fibonacci support. It needs to break 1.2900 to qualify the shorting.
http://www.dailyforexcharts.com/charts/081105_eurUSD_Tf/081105_eurUSD_Tf.html

Continue to short on rallies:
Another winning trade as EURUSD breaks the 1.2900 support and contunue to heads south. However, beware of the trend change if the downward trendline is broken up.
http://www.dailyforexcharts.com/charts/081106_EURUsd_lt/081106_EURUsd_lt.html

Regards,
Toyogo

[FibMaster]

Toyo, thanks for posting that review. It's great to have your review for other traders to see the charts from http://www.dailyforexcharts.com