Xin
Short

Play the short break (when it happens)

FX:EURUSD   Euro Fx/U.S. Dollar
117 2 1
Current double top / rectangle looking for break short. (as upside may be limited if break up).

Tgt             fib levels -> look for confirmed (below 1.3270) due to volatility
This has turned into one messy opportunity with only a small handful of pips out of the whole formation so far. May want to keep it on hand but for now I will wait to see if the formation reforms 132.90 top -> fib tgts are still very attractive for shorts
Reply
Oddly I still like this broken formation and the fact it hasn't been able to break and hold above our 132775 fib line or the break bottom line entry below 132.70 or even here at 132740 could be considered valid.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out