Marenno

EURUSD TP levels, position overview

FX:EURUSD   Euro Fx/U.S. Dollar
Currently below daily pivot
Price is currently at 76.4% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to 1D Chart
In case if the next bar will be closed above the level and above 50% of the previous bar, I will enter a long trade using a limit order or market (depends on situation)


Currently I would not recommend to place new trades, as no clear signs appeared on the chart yet
If you have opened positions in a current direction, then you can leave it open for now
I would recommend to leave Breakeven stop loss.

"This is a short term analysis based on a 1H chart, I’m trying to post it after I see something interesting, or when I want to review the situation, I’m doing it for my own trading, and I have decided to USE TV as my main analysis platform, as I’m able to access it anywhere.

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