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rogan
Aug 31, 2017 6:02 PM

EUR USD long retracement Long

Euro Fx/U.S. DollarFXCM

Description

Missed the first bounce after Yellen news but caught the short on the way back.

Resistance at 1.18 beginning of august, turned support this morning and bounced off long term confirmed trend line.

Anticipating a retrace over the next few days back up to 1.205 level.

Aim for TP at 1.19, 1.20 identified a strong 0.618 FIB there.

First ever trade done with own tech analysis, and no idea how to trade fundementals would appreciate any comments or feedback.
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