EURUSD : I think it will not move going up.
But.. Potentially it is possible in Monthly Chart.
Current Economic Status is big Range Market for several years.
Monthly.. overbought.....
Monthly Chart : EU (Bull) Overbought Status
If failed Retracement Point1 : 1.20844
It will be 2nd Retrancement on 1.25483
Weekly Chart : SELL To BUY : Fibo Retracement
Sell TP : 1.155
www.tradingview.com/chart/ItkTqtpB/
Daily Chart : Same overview as Weekly Chart
SELL on 1.18077 TP : 1.155
But.. Potentially it is possible in Monthly Chart.
Current Economic Status is big Range Market for several years.
Monthly.. overbought.....
Monthly Chart : EU (Bull) Overbought Status
If failed Retracement Point1 : 1.20844
It will be 2nd Retrancement on 1.25483
Weekly Chart : SELL To BUY : Fibo Retracement
Sell TP : 1.155
www.tradingview.com/chart/ItkTqtpB/
Daily Chart : Same overview as Weekly Chart
SELL on 1.18077 TP : 1.155
Trade active:
Hello Guys, it is good time to sell, because it moved the retracement.. now.. it will be down strong.. next market.... Good Luck..
Trade closed: target reached:
I published new idea.. same as SELL