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AdamHong

EURUSD:The 0.618RET and the Supply Zone

Short
Euro / U.S. Dollar (FX:EURUSD)  
AdamHong Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD 0-618 1-618ext
8
0
eurusd 0-618 1-618ext
The 0.618RET of previous drop is at 1.049 level and the 1.618EXT of previous rally is also at this level.
Meanwhile the Supply Zone is at 1.048 level.
So it is good to sell short at 1.048-1.049 levels when the price action gives signals in the PRZ.
SL:above 1.049
TP1:1.043
TP2:1.040 and further more
Order cancelled:
No signal is given.
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