TradingView
lewato
Aug 1, 2020 3:35 PM

EURUSD Short

British Pound/U.S. DollarFXCM

Description

technically still in a weekly downtrend
1. Waves near complete
2. Price is at the 78.6% and near a PRZ level
3. Price approaching a key resistance area
4. Price may want to push higher to take out liquidity before correcting
5. Price needs to rebalance itself
5. Correction towards support at 50% Fib which lines up with key support area
More