FX:EURUSD   Euro / U.S. Dollar
76 3 1
It's a bit early to call this 2618 trade and clearly define an entry point, but we have to be one step ahead of the market. The double top is pretty well marked, as well as it's neckline breakdown. So, what we are waiting for is a retracement to the .618 major Fibonacci level to hop back on the down side. I'm not convinced that the current down leg is over, so I'm waiting for a further decline before identifying the exact entry level.
Makes sense...there's still slight downside to be had before a retracement, but it's minimal. We can short again from the retracement as you expect to do.
Good one.
Reply
you are right. If you check my related idea, I'm expecting the completion of a bullish bat for the retracement to start! finger crossed! :)
Reply
IvanLabrie LorenzoDecaria
Yep, definitely possible. I'd say it's almost confirmed heh.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out