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SergioFXtrader

EURUSD, Wyckoff Daily Accumulation and Weekly Distribution idea

Long
Euro / U.S. Dollar (FX:EURUSD)  
SergioFXtrader  
FX:EURUSD   Euro / U.S. Dollar
Support and Resistance Fibonacci Fractal
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supportandresistance fibonacci fractal
In analyzing the weekly chart it looks as it´s in a current back-up (BU) of a distribution. If we zoom into a daily chart price just broke a wedge resistance and it could test this new support level and produce the BU for the weekly distribution.

Buy limit: 1.1330
SL: 1.1280
TP: 1.1580

RRR: 1:7
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