EURUSD - Time to Retrace after 248 days rally?
Updated
EURUSD rallied for 248 days and now we have some wekness signals.- There is a head and shoulders in formation.
- RSI divergence where the EURUSD made new highs but RSI failed to do so.
- The measured move in case the neck line is broken in the future, has a target in the 50% fibonacci level.
- And... there is a gap to be closed that is right in the 78%... who knows?
Let me know your thoughts!
Trade closed: stop reached
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