7pasos
Long

EUR will try the high at least

FX:EURUSD   Euro Fx/U.S. Dollar
410 1 0
Since 1.2659 rally, we can see 2 fibo's set with retracement equally at 50%, the actual high is in fact, exactly 1.618% extension of the first swing.
As you can see with the MACD the momentum shows no divergence as with the fibo retracements (until now) show no deceleration of the trend.
There for if the price gets over pass the very next phantom resistance I suggest to buy looking for at least the 1.37 high with stop loss a little below the 1.3347 for a minimum risk reward of 1 to 1.45
7pasos PRO
3 years ago
The entry point never was trigged and there for no loss in this suggestion
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out