Inversed V in EUR USD Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Oct 29, 2017 7:25 AM

Inversed V in EUR USD
Let's see what level the price will reach
Maybe the price will change the channel (BO) but keeping the same expected direction.
Possible formation of the second downtrend channel.

Trend Analysis

Comments

efazil

⋅ Nov 6, 2017 6:44 AM

Retest 1.168 still valid before downside

efazil

⋅ Nov 6, 2017 6:42 AM

Retst 1.1698 still valid before downside

ravi_is

⋅ Oct 29, 2017 9:38 AM

fib need to be drawn from top to bottom

kmoks96

⋅ Oct 30, 2017 1:06 AM

@ravi_is, True that

efazil

⋅ Oct 30, 2017 6:20 AM

@kmoks96, yes but the drawn fibo retracement is just for identifification of the last levels