EURUSD SHORT
Note:
Support line has broken this morning (4/11/2020), and price quickly rejected back to resistance shaping M formation, and failed, testing the neckline at Fibonacci level 0.5.
It pulled back up within 1H Time Frame testing the resistance level again, failed.
Now expecting the completion of M formation for the profit taking.
Support line has broken this morning (4/11/2020), and price quickly rejected back to resistance shaping M formation, and failed, testing the neckline at Fibonacci level 0.5.
It pulled back up within 1H Time Frame testing the resistance level again, failed.
Now expecting the completion of M formation for the profit taking.
Trade closed: stop reached
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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.