EURUSD Retracement
Updated
EURUSD looks like it is now getting into a channel with a clear view of what its structure might look like. This trade has a really good Risk:Reward ratio. There is confluence between support/resistence, fib. levels, and trend lines. Use your entry strategy to make it work. may the force be with us!
Trade active
Entered at consolidation area, we're up bound and expecting an extended wave 3 to get us to Pre-Brexit levels. We might see more consolidation at 38.2 fib.Trade closed manually
Closed trade for now - ECB progressing so will wait for another setup to continue.Note
2/3 targets executed for profit at fib. levels, 1/3 hit original stop loss. Not enough time to move my stop loss up.
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.