bobmarley888

Here is a twist!!! SHORT EURUSD!!!

Short
FX:EURUSD   Euro / U.S. Dollar
Currently EURUSD is in 1.23500-1.25000 range. As we use trend system, it is no use value of moving averages. It is required to wait when it will be out of range, i.e. when 1.23 or 1.25 range will be broken, but we run the risk to get to the end of the trend, therefore, I recommend to enter the position after crossing MA, on the way to 1.25 boundary. Additionally, I recommend to pay attention to the Fibonacci time zones and Fibonacci correction zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.