EU has finished the pullback and is ready for the sell to the downtrend.
Have 3 confluences to enter a sell:
1. Overall trend is to the downside
2. Price rejected the 50% on the Fibonacci
3. Price on the 15min in a descending triangle making lower highs into the support of the base of the triangle
First target is the previous low and the second target is the 27% extension on the Fibonacci.
Hope this idea was helpful! If so don't forget to leave a like and drop a follow! :)
Have 3 confluences to enter a sell:
1. Overall trend is to the downside
2. Price rejected the 50% on the Fibonacci
3. Price on the 15min in a descending triangle making lower highs into the support of the base of the triangle
First target is the previous low and the second target is the 27% extension on the Fibonacci.
Hope this idea was helpful! If so don't forget to leave a like and drop a follow! :)