skymtrader

EURUSD LONG on .382 - .618 FIB pullback possible scenario...

Long
FX:EURUSD   Euro / U.S. Dollar
I exited just above target 1 for 76 pips. Waiting for a possible ABC pattern completion only because during the US session the strong bearish move printed a large Engulfing bar right after a Pin bar on the 30min and a large 1hr bearish Engulfing bar. Anything can happen...just pointing out a possibility. I will re-enter just above target 1 if possible for the best risk/reward! Good luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.