EURUSD Long - Fib 61.8 Tested Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 17, 2019 3:25 AM

EU retraced to 61.8% Level. Expect a 161.8% projection. but wait till the red trendline is breached.

Comments

chbilalhaseeb

⋅ Sep 17, 2019 3:47 AM

Is this trend line works?

nacym

⋅ Sep 17, 2019 7:50 AM

@chbilalhaseeb, i never draw single lines as "trend line". rather it works when drawn considering tips n ends of candle shadows to form zones.

nacym

⋅ Sep 17, 2019 7:52 AM

@nacym, also note it differ when support becomes support vice-versa