Eur dollar is heading towards ultimate low of february 2019. There is no doubt that it will hit its target. Also on the projections the 161.8% short side is breached. So we are targetting the 200% FP, which directly beneath the major weekly fib level 61.8%. We had previous buys already on this level in february till 50% of the same retracements. This gave us a good 200+ pip win. This idea is just a small trade idea as we expect to bounce off back from the 161.8% fib projections into the south to try breach the 61.8%
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Trade came perfectly in as expected and is. Now running in profits