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Fomenka
Jul 9, 2013 11:31 PM

EURUSD to bounce Long

Euro Fx/U.S. DollarFXCM

Description

RSI indicates divergence which may be interim low. Yesterday the price fell sharply, stopped at 1.27550 support level and formed a little pinbar on 4H. I am not sure about the wave count but feels like we may have a relief bounce hence this buying opportunity. As this is a countertrend move I am entering with buy stop order and putting a tight SL. If price continues to jiggle not moving up I will close the position.
Comments
Fomenka
fuuuck.. I didn't take it...
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