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jcmoneyman
Feb 20, 2022 2:21 AM

EU Buy Long

Euro Fx/U.S. DollarFXCM

Description

M: Downtrend, broke through and retested for the buy
W: Downtrend, broke through and retesting
D: Downtrend, hit -61.8 and consolidating at weekly level.
4H: Uptrend, Price retraced 50% on 4HR FIB
1H: Uptrend. Price retraced to 61.8 on 1HR FIB

CURRENTLY: I am looking for price to sell a bit more to -61.8 on minor FIB, @ previous minor support. THEN, break and retest minor trendline, to trade the BUY to previous resistance @ -61.8 on 1Hr FIB

~150 pips

Order cancelled

Never entered trade. the latest news turned the market
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