Hi traders,
On the EURUSD we can see that price tried to break the trendline today, but it failed to do so. The big wick on the candle tells us that all the bulls left us. Stop goes above the wick and the target is the 127.2% Fibonacci extension of the December move.
Entry: 1.05174
Stop: 1.06850
Target: 1.02155 = R:RR 1.82
Good luck guys!
On the EURUSD we can see that price tried to break the trendline today, but it failed to do so. The big wick on the candle tells us that all the bulls left us. Stop goes above the wick and the target is the 127.2% Fibonacci extension of the December move.
Entry: 1.05174
Stop: 1.06850
Target: 1.02155 = R:RR 1.82
Good luck guys!
Trade active
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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.