powelltrades
Short

EURUSD Short Setup

FX:EURUSD   Euro Fx/U.S. Dollar
48 2 0
What we got here is another fib in play. The last fib hit the target -0.382 leg to the pip.
After target was hit the pair took a breathe up for our entry short.

I anticipate the 0.764 level to hold.

Entry is a few pip front run of 1.0675 with a stop loss of the old tops/ceiling of 1.0692

Good luck traders.

Please like and comment - Cheers
thx i open a position sell from 1.0656 up for now but i see in ur analyse is going to down too what u think?...should i wait !!
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Hi @bsebai not sure what % of risk you put on the trade but I would set your stop loss around 1.0707... The level 1.0868 should hold, plus I am adding extra pips as a cushion for stop hunters. Good Luck!
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