TradeYodha

Possible EURUSD Hourly 2618 Style Long Opportunity

Long
FX:EURUSD   Euro / U.S. Dollar
@TradeYodha
TradeYodha.com
(Just my ideas, do you own analysis)

Possible EURUSD Hourly 2618 Style Long Opportunity

1. Bullish divergence earlier
2. Double bottom earlier
3. Can expect a retracement to 61.8 level of last impulse leg
4. Must wait for a confirmation before going long at 61.8 level.
5. First target @ 127.2 level where the fall started
6. Extended target @ 2.0 level where 200 SMA is

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