Get started
joseigorcfm

EURO/USD Trend Analisys.

Euro / U.S. Dollar (FX:EURUSD)  
joseigorcfm  
FX:EURUSD   Euro / U.S. Dollar
Support and Resistance Fibonacci Trend Lines
7
0
supportandresistance fibonacci trendline
  • If the down trend line breaks the support, I would go short.
  • In the other side, if there is a breakout of the resistance I would go long.
  • There is also the possibility to the market stay between the support and resistance zone for a while (accumulation zone), in this case I would wait until breakout of support or resistance.
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.