anilmangal
Short

EURO sell setup

FX:EURUSD   Euro Fx/U.S. Dollar
2151 24 71
I am looking to sell after the break out and will move to BE if it goes to trend line , i am keeping the trade for the long run.If it retrace and go up i'll take the BE trade.
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next correction down?
+1 Reply
it had a pull back, but it went in the direction you mentioned
+1 Reply
Appreciate being able to look back and see how these set-ups have worked out.
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If we take a good look at the hourly chart we can see a 61.8% fibo retracement (wich indicates C) measured from the 1.10500 to the low on 1.0800. Indications are that the downside target (1.05100) still intact wich also matches up with the long term bearish movement to the south! My indicators and fundamental analysis point to a nice big walk to the downside. (long term target 0.98520 area). we can also see lower highs from the retracement top (1.09470) and the next lower low still to be made. a minor sign of channeling down on the intaday. Good luck to al traders!
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bullish again? towards 1.11 or more?
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locolyric shayalmathew
i draw a fibo and the candlestick hold on 61.8, we will see a bullish or bearish around that support again.
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SOrry mate..what's BE
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Lindsay PRO anthony.pham00
Break Even
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sell for sure
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anilmangal EURUSD target down?
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