jeffreyysl

EURUSD - WAITING LONG SET UP @FIBS 23.6 and 12/Ý17 Congestion

Long
jeffreyysl Updated   
FX:EURUSD   Euro / U.S. Dollar
There was a Short Opportunity @ FIB 50% today.
BUT did not take it..
see DAILY Chart : AS EUR/USD is still LONG Bullish Trend for now..

Would Rather wait for:
1- Price to move towards FIBS 23.8% (1.2275) Zone
> Where there is a PRICE congestion since 12/2017 form. (ZONE)
> Where also a TREND LINE Meet . (Form Since 04/2017)
2- ENTRY Zone : Between 1.2495 & 1.2055 (Fib 23.6% 1.2275 being the MEAN)
> Look into H4/H1 for ENTRY
> Look for PinBar / Engulfing etc
> Look for PULL BACK !

TRADING Not an EXACT SCIENCE - Look For OPPORTUNITY !
Be NIMBLE - MANAGE Your RISK & You Will Be OK !!


Trade closed manually:
TRADE Did MOVE LONG but Via Breaking 1.23475 (Above Congestion Point)

Cheers
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