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JICPT
Oct 19, 2021 1:33 PM

JICPT|EURUSD bearish supply zone setup on Daily Short

Euro Fx/U.S. DollarFXCM

Description

Hello everyone. According the linked idea below, EURUSD has chosen to take out the bottom (route 2) as expected by approximately 150bps.

Today, it retested the zone which is the combination of flip & drop-base-drop supply zone, plus 61.8% fib retracement.

I think it's a nice pullback short setup. If the zone holds, the pair could go as low as 1.1441 by measured move(ab=cd pattern)

What do you think? Give me a like if you're with me.

Comment

Yep.
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