Apple22
Short

Possible reversal @ 0.618 fib for EURUSD Daily

FX:EURUSD   Euro Fx/U.S. Dollar
336 2 5
A few days ago I mentioned EurUSd             will drop to low 1.35 and possibly 1.3480 zone
No harmonic pattern Just Support and Resisnace

well it didn't go as far as 1.3480 however it did go low 1.35 and I have cashed in my all my trades on EurUSD             .
Now looking at One 2 One Pattern
going side way @ 0.618 for last 3 days.
Possible reversal to 1.27 Fib of BC             leg
two trade targets 0.618 and 1.27 Fib of BC             leg
Stop loss @ 50-80 pips above C
WE NEED A BIT MORE OVER BOUGHT FOR REVERSAL
Support and resistance lines support the reversal

GOOD LUCK ALL
happy trading

PS/ I will Have buy orders on h4 chart R & S levels for any unexpected reversal (check your money management before adding buy orders as well)
imaxcare
2 years ago
THANKS for your chart...yes...it will work....i have already have short order open 13640...n place other short at 13670...for target as shown by you 13460 .. even i have place buy order at 13460...
Reply
Apple22 imaxcare
2 years ago
Yes Great Idea. Just found a Crab pattern on hourly chart I just posted it. Good luck
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