EURRON trade ideas

ovidiu_andi Updated 

I think it's time for the EURO to calm tf down and stop scaring my Romanian kin. 61.8% fibo rejection and downward momentum

Capital101

As you can see on the monthly chart, the romanian currency RON, hit the new all time high. Despide the country”s GDP growth and salary increases, the currency is only going down. The corrupt government dose”t move a stick to stop this outrageous depreciation. Buy in: 4.46850 Target: 4.4705

InvestingScope

EURRON is on a very long term 1D Rectangle pattern (RSI = 48.105, STOCH = 47.119, Williams = -47.804, CCI = -46.8286, Highs/Lows = 000, all neutral) at 4.6135 - 4.6800, trading sideways since mid-November 2017. You can work withing its Support/ Resistance levels (buy low, sell high) as long as they are not crossed. The next technical TP = 4.6303.

HuangZhenWei

Looking for short

tmanuelasorina

EUR/RON is forming a potential bearish butterfly pattern

Andre_Cardoso

Short at D 1st target 38.2% 2nd target 61.8% Not a call, just testing Advanced Patterns Recognition program/web platform/software