Shortterm: Short? Kissed the holy 61,8 Fibo!
The Pair assimilates the Brexit. The massive selloff reached intraday till 98,8. Will we aim that Level again?
The deep dip was bought directly and endet at the holy fibo 61,8 @ 103.32.
Trading below that Level will perhaps reassume the main trend. For that Szenario i have illustrated a cyclical shortposition.
Only Prices above 103,4 will brighten the shortterm chart.
The deep dip was bought directly and endet at the holy fibo 61,8 @ 103.32.
Trading below that Level will perhaps reassume the main trend. For that Szenario i have illustrated a cyclical shortposition.
Only Prices above 103,4 will brighten the shortterm chart.
Trade active
Downmove in full swing...example trade triggeredNote
We are trading belwo the last valid "2"...a further downmove can be exspectedNote
Note
Triangle breakout could come..... still bearish character drop till 100.4 / 99,5 is realistic ..only prices above 101.5 will brighten the chart in this timeframe Note
if we will trade below the last orange "2" it could be time to adjust the initial sl Trade closed: stop reached
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