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Petr_Suchanek
Feb 5, 2014 4:45 PM

EURUSD false break of a Fibonacci level Short

Euro Fx/U.S. DollarFXCM

Description

Since Eur is still in the short-term downtrend, this is a very nice opportunity to enter short.
I am personally short just at the 61.8 Fibo, the ultimate target is at the bottom of the swing.
Comments
Petr_Suchanek
Ok, I covered @1.3516, which is a daily pivot and the volumes at 6E futures started to favour the buyers there. Now it is maybe another retest of 61.8 Fibo, but because it is evening now (in my timezone), I will take some rest and get prepared for another trading session.
forexfox
excellent
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