We got a harmonic pattern with some previous resitance and fibonacci confluence.
If the price gets to the 88.6 fibonacci level we are looking for a short opportunity setting targets at previous support.
Have a nice week
Here we start a new fresh week on $EURUSD with some fibonacci ratios + support/resistance + harmonic pattern.
If the price goes to 1.1082 i will look for a LONG setting targets on the fibonacci ratios.
Here we have some Fibonacci ratio confluence that could be very powerfull
We have stops above the 1.618 extension wich, in case that price action breaks it, means that the price is not overextended and that it has a high likelihood of going bullish.
So we will expect a move towards of take profit or stop loss next week.
You also have to have in mind that in...
Markets has done what i predicted, not because im smart, but because, markets tends to respect some support & resistance, fib levels, pivot points etc...
So now, im short in the trade, waiting what the market will do. The Take profit and Stop loss are too big for getting out either with a win or a loss for today. But there is also some important news today, so...