FOREX – EURUSD short Part 2

OK, but what of the “larger degree” trend I hear you all ask.

Well, if you look at the 4hr Chart you can see how the 1Hr DP sell was actually unfolding “at the same time” as a TS3 sell on the 4hr chart. So this gave added weight that a high was unfolding and as such it was Ok to consider the 1hr short.....

Thanks

Steve