EURUSD is approaching our first resistance at 1.1814 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.1734 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,3) is also approaching our major resistance and a reaction off this level might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Used area between resistances and bought more when it was falling, it should bounce back like yesterday. We are in uptrend I guess and I'm holding to that.
Saeglopur
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@Saeglopur, Will clarify: used your resistances and supports, my chart is just for flag formation used yesterday but today I'm also using it as a extension.
Saeglopur
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@Saeglopur, FUKK :D I've reversed it to short because it was eating my whole profit on that position :O I guess now we are really going down and maybe even to new lows :O