EURUSD daily chart not so good

FX:EURUSD   Euro / U.S. Dollar
402 2
After setting up a bull trap that makes technical traders think that any pull back may happen (at least 3 analyst in the webinar I watched saying pull back may happen) after the good bullish bar at the first day of the month Euro keep pushing lower and breaks two weekly supports.

targets and idea :

No signs of recovery yet but pull back may still happen with 1.295 as first resistance and 1.313 max and a downside target around 1.265.

the idea is to look for short entry inside 1.295-1.313 if you trade full time with daily chart either by pattern or divergences. Or look for long entry around 1.265 for any bullish pull back into 1.284-1.295 level IF it reaches there first before the pull back.
Visible long term target for this pair is still 1.23

On the chart above I have weekly and monthly fibonacci pivot levels, I use fibonacci pivot because this type of pivot really fit the price action.
Use to sign up for Fibonacci alerts. Also, just check out to set your custom Fibonacci alerts. Thanks. I've been using the custom alerts for a while and they have been a lifesaver.
Hi thanks for the reply, but no thanks, I made my own indicators.
I already have everything automated to make me see the price action easily here's my chart on MT4
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