EURUSD: Short at the 61.8% Fib
Hi traders,
On the EURUSD hourly timeframe we are reaching the 61.8% FIbonacci retracement of the downwards move. We also have a potential AB=CD pattern forming. The stop goes above point D.
Entry: 1.06082
Stop: 1.06357
Target: 1.05511
Good luck traders!
On the EURUSD hourly timeframe we are reaching the 61.8% FIbonacci retracement of the downwards move. We also have a potential AB=CD pattern forming. The stop goes above point D.
Entry: 1.06082
Stop: 1.06357
Target: 1.05511
Good luck traders!
Trade active
R:RR is 2.08 btw.Note
Possible price movementNote
Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.