I expect a retracement to $1.1169.

FX:EURUSD   Euro / U.S. Dollar
37 0 3
2016Sep10 I expect the price to drop to around the $1.1200 support level and then hammer it until it breaks. The retracement will likely occur at around $1.1169.

The price has already retraced to the 38.20% fib level after last week's 75 pip drop.

I would wait for a possible gap up and then enter the short trade, with a stop at 1.1245, once the window has just about closed (or shortly thereafter).
Comment: Sorry I meant a stop at 1.1255.
Comment: Well the pop-up to 1.1263 was unfortunate, but for anyone watching at that time the pop-up formed a doji on the 60min chart that was then followed by an engulfing bearish candle.

I entered another short trade with a stop at 1.1269 and a target of 1.1170.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out