Euro / U.S. Dollar
Short
Updated

Hellena | EUR/USD (4H): Short to 100% Fibo lvl

1 250
Dear colleagues, I assume that corrective wave 2 will go deeper and the price will reach the Fibonacci 100% expansion level at 1.0895.

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Dear colleagues, I anticipate that the script will be successful in the upcoming week and the price will reach the target of 1.08952. After that, I will only consider long positions!
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I assume that the price is starting its impulse in the direction of the target!
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If a pin bar pattern has formed, should we expect a new low to be set?
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We're almost at our goal! The question arises - should we take the profit now or wait a little longer?
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I anticipate that the price will update the low and we will reach our target. If an upward movement pattern forms, we should consider closing the position.
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