J_Graystone
Long

EURUSD in Kill Zone for Counter Trend Long Opportunity

FX:EURUSD   Euro Fx/U.S. Dollar
260 1 5
As you can see, the market has pulled down into a level of structure support with a 382 Fib retracement lining up as well as a 127 extension from the last structure point. The RSI is oversold so looking for a reason for entry such as a double bottom on the LTF. I suspect we will get bullish divergence on the RSI too.
HKM666
2 years ago
Nice call!
Reply
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