Euro / U.S. Dollar

Short

EURUSD : Downtrend Intact - Short for 0.5 fib. 0.382 extension

Updated

We may see little pullback on Monday Session towards 0.618 fib. which could be the consolidation from recent downside and again breaks down towards 0.5 and 0.382 in extension.

Target 1 : 1.10629
Target 2 : 1.09328

Note

Sell Limit at 0.50 fib (1.1576)
looking for Target 1 (1.10629)

Trade active

Tested 0.618 Fib Levels couldn't break it.
Sell Limit Triggered @ 1.2100

Note

Now Holding 2 shorts.
0.618 fib and 0.5 fib
Target 0.38 fib levels
Extension December Lows

Trade closed: stop reached

Stopped out at 1.21

Note

Looking for re-entry to short.

Related publications

EURUSD sell setup

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