PULEMokhothu

EURUSD SELL CONTINUATION TO THE BEARS

Short
PULEMokhothu Updated   
FX:EURUSD   Euro / U.S. Dollar
COULD THE EURO BE HEADING STRAIGHT FOR FIB LEVEL 1.618 (1.05373)

MOMENTUM AND A SPECTRUM OF INDICATORS SUGGEST SO
MOMENTUM HAS BEEN VERY STRONG TO THE DOWNSIDE AND FIB LEVEL 1.618 IS A STRONG SUPPORT LEVEL...

THE PAIR CAN RETRACE A BIT TO THE UPSIDE ON LOWER TIME FRAMES BUT I CERTAINLY SEE THIS PAIR HITTING (1.05373) BY MARKET CLOSE TOMMOROW...

EURUSD SELL

CURRENT PRICE , PENDING ODERS WHAT EVER ENTRIES YOU CONFORTABLE WITH...

STOP LOSS NOT SO TIGHT IF YOU ARE GOING IN MARKET EXECUTION GIVE IT ROOM TO BREATH AND ESCAPE STOP HUNTS
Trade closed: stop reached:
THE SAME SCENARIO ABOVE COULD PLAY OUT BUT WE WHERE STOPPED OUT FUNDAMENTALLY.....

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.