Get started
fvideira

EURUSD breakout short idea

Short
Euro / U.S. Dollar (FX:EURUSD)  
fvideira  
FX:EURUSD   Euro / U.S. Dollar
Support and Resistance Fibonacci Trend Lines EURUSD short Chart patterns
4
0
supportandresistance fibonacci trendline eurusd short chartpatterns
Waiting for third touch of trendline or a breakout. If bounce off the trendline, look to short at 1.14 psychological level, or at 0.786% or 0.618% fib level.

Breakout - look for 1:1, target 1.12162, SL 1.14050
0.786% rebound - look for 2:1, target 1.12162, SL 1.14050
Resistance area retest - look for rebound at 0.618%, 3.5:1 risk, target 1.12162, SL 1.15050
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.