#EURUSD Short #Trade SMA Retest Fibonacci Structure #Forex
#EURUSD Short #Trade SMA Retest Fibonacci Structure #Forex @TradeYodha
1. Price tested 200sma 2 times in past and now trying to test one again.
2. 10sma is lagging so price may come back up at 10sma level to give us a short opportunity
3. Price is currently in downtrend and is not oversold yet.
4. Targets will be at 127.2 and 1.618 fib extensions where advanced pattern complete.
1. Price tested 200sma 2 times in past and now trying to test one again.
2. 10sma is lagging so price may come back up at 10sma level to give us a short opportunity
3. Price is currently in downtrend and is not oversold yet.
4. Targets will be at 127.2 and 1.618 fib extensions where advanced pattern complete.
Trade active
Trade closed: target reached:
prefect trade