Hi traders,
On the EURUSD we can see that we have reached the previous support and resistance area. We also have the 127.2% and the 200% Fibonnaci extension at that price area.
Entry: 1.05919
Stop: 1.05625
Target: 1.06553 = R:RR 2.16
Good luck traders! Updates will follow.
On the EURUSD we can see that we have reached the previous support and resistance area. We also have the 127.2% and the 200% Fibonnaci extension at that price area.
Entry: 1.05919
Stop: 1.05625
Target: 1.06553 = R:RR 2.16
Good luck traders! Updates will follow.
Note
I actually didn't see this before, but this area is also the 50% Fib retracement of the bigger move 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.