traderWgun
Short

EURUSD fractal update

FX:EURUSD   Euro/U.S. Dollar
581 4 1
I went long at 1.2800
EURUSD fractal - weekly

Now I think we can get a new low before a major rally. New low should be around 1.2650.
A break above 1.3200 would suggest that a major rally is already on.

For now: cover long. Short against 1.3200.
Also this fractal from 1997 shows potential for new lows below 1.20
https://twitter.com/VictorKerezov/status/323190330163863552/photo/1
covered longs +150 looking to go long soon.
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traderWgun traderWgun
*shorts
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update 2: 1.3200 remains as key level to the upside. As long as we stay below there is downside risk to 1.2720 and 1.2650,
but I think there much more downside, but lets take 1 day at the time.
snapshot
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Possible head and shoulders in play
snapshot
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