EURUSD Trade Scenarios as of 2/18/20

2/18/20 - 9:32am ET (UTC-5)

Still Bearish - Look to sell unless we see Sanyaku Kouten prove momentum reversal to upside on the 1hr chart.

Current Market Condition: Daily and 1hr Downtrend. Buyers still not able to push higher highs. Sold breakdown at 1.08267. Moved stop to breakeven this morning. Holding trade short with open profit for a 5:1 Risk/Reward profit target at 1.0676.