Chartster
Short

Short opportunity off of resistance and fib

FX:EURUSD   Euro Fx/U.S. Dollar
332 2 5
Anticipating a possible break of the TL
and then price to reach resistance which was previous price support
added confluence with the fib level 0.382
target 240 pips
fadnet
2 years ago
Hello, your Anticipating was correct today euro break the 1.070, but the euro shows more resistance at 1.0690. what do you think the next target up or down?
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Chartster fadnet
2 years ago
If prices hits my target 1, I will wait to see how price reacts around the support line if it holds we may see a small rally into previous structure followed by another drop. If it breaks i'll wait for a pullback to support turned resistance to add to the short, targets of which I'll use the fib extension to determine.
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