EURUSD short at the target icon
Updated
EURUSD might reach the target icon.
If that happens, arrows are pointing bearish:
- overall trend is bearish even before brexit
- bottom of bearish orderblock (bullish candle before the last downmove) reached
- fib overlayed gives an optimal trade entry at 61.8% right on top of the bearish orderblock
Entry: 1.11620-1.11780
Exit: 1.09940-1.09920
If that happens, arrows are pointing bearish:
- overall trend is bearish even before brexit
- bottom of bearish orderblock (bullish candle before the last downmove) reached
- fib overlayed gives an optimal trade entry at 61.8% right on top of the bearish orderblock
Entry: 1.11620-1.11780
Exit: 1.09940-1.09920
Note
I noticed my old analysis still stands. That's good. This is the chart I got which basically describes the scenario if this orderblock gets raided:Note
Reached the 2 standard deviations of the night's range.
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