LFX
Short

EUR/USD - DAILY FIBONACCI, H4 ENTRY

FX:EURUSD   Euro Fx/U.S. Dollar
470 1 4
Here we can see a Daily Fibonacci that is going to play out, it is also lining up with the current Monthly Fibonacci.
We have tested the 50% and nearly the 61.8% Fib level, but we got stuck and Monthly Resistance.
We are now waiting for the MA to crossover, and a Bearish closing break of the CTL.
Upon a break targets also line up with Monthly Fibonacci and Monthly Bearish historical support.
T1 - 1.01950
T2 - 0.98600
Dmitry Penchuk
2 years ago
@u
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