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TradingShot
Feb 17, 2021 6:42 PM

EURUSD Buy Signal Long

EURO / U.S. DOLLARICE

Description

Pattern: Channel Up on 4H.

Signal: Buy as the 4H RSI hit its multi-month Buy Zone and the price itself the 0.618 Fibonacci retracement level, similar to the October 15 fractal.

Target: 1.2200 (the -0.236 extension as with the October 15 fractal).


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Comments
Helena365
I am learning a lot with your charts, Thank you a lot!
TradingShot
@Helena365, You're welcome Helen!
hhdchamara
Thank you very much for the explanation.
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