Short EURUSD below 1.3625
I like what I'm seeing on the EURUSD's reversal after a fairly ominous Evening Star formation from the recent multi-month high. Price set fresh highs on two consecutive days of trading, setting a bearish star formation on the second daily candle. On the third it closed significantly below the first candle and closed off a classic example of an "Evening Star" trend reversal.
Even if you don't follow candlestick formations, that was a pretty ugly reversal. At the risk of burning my hand over the same stove yet again I'd like to go short against the high. In the shorter term, this means that a hold of recent reaction highs of 1.3625 keeps the very short-term downtrend intact. Thus I'll go short at current market (1.3600) or better, targets open.
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