EURUSD bounced up perfectly to profit target, prepare to sell
Sell below 1.1966. Stop loss at 1.2001. Take profit at 1.1869.
Reason for the trading strategy (technically):
Price has bounced up strongly as expected. We now prepare to sell below major resistance at 1.1966 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a push down to at least 1.1869 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,3,1) is seeing major resistance below 92% and we expect a drop from this level.
Reason for the trading strategy (technically):
Price has bounced up strongly as expected. We now prepare to sell below major resistance at 1.1966 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a push down to at least 1.1869 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,3,1) is seeing major resistance below 92% and we expect a drop from this level.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.