fxwaleed

Long Term (weekly) EURUSD Fibo Overview

Long
FX:EURUSD   Euro / U.S. Dollar
0
Two Fibonaci, one is downtrend retracing to 0.618 after breaking key resistance @1.34839
and one is uptrend targeting -0.618 and currently facing resistance @-0.382 and moving in a Channel

Closed with 112.5pips profit @1.3670
Rejoined long @1.3654 Close with 41.6pips profit @ 1.36956
Done for the week, will wait for the market to reach 0.618 next week and then decide Join the main down trend or wait longer.
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.