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jackingfestus
Sep 29, 2020 8:56 PM

EURUSD 

Euro Fx/U.S. DollarFXCM

Description

FX:EURUSDThe EURUSD in the 15 minutes time frame is making a bullish move and a potential brlearish shark has been spotted. Price is therefore predicted to retrace anywhere between 88.6 and 113.0 fib Retracement of 0X leg which is between 1.1757 to 1.1791. This retracement zone is in confluence with a line which has been tested multiple times in the past as support and Resistance. Look out for bearish retracement signals within this range to enter trade and take profit at 50 to 61.8 percent fib Retracement of CD leg
Comments
jackingfestus
I was a little conservative in my trade, I placed my TP at 38.2 retracement level of CD. The trade had over 1:5.5 risk reward ratio.
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