ArekJP
Short

EURUSD short sell idea - trend continuation

FX:EURUSD   Euro Fx/U.S. Dollar
timefraame: 1H
200 EMA acting for now as resistance together with 50% fib level (recent low-to high). Targeting retracement 78.6 which confluences with fib extension 127.2%. Stop loss above recent high - if we get higher high -higher close - trade idea more likely invalid! If you want more confirmation, wait for RSI to get overbought.
RR 2.4

Good luck and good trading!
Arek JP            
Adil-khan
2 years ago
it looks you are right
Reply
ArekJP
2 years ago
Patience paying off - nice move down, lets see if we can get to 1.272% today...
Reply
ArekJP
2 years ago
Target hit, may leave runner to .1.618%
Reply
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