EUR/USD - Fibonacci 61.8% rejection - Short
Disclaimer:
THIS IS NOT a trading advice, it is only a personal ideas to improve my technical analysis.
I'm not responsable for any kind of use of this idea.
The Eur is rejected from the 61.8% fibonacci level and now the price is in the direction of the level 78.6%.
In case of 78.6% line breaking, the price maybe will move towards the (green line) support, where we can see a double-bottom pattern.
THIS IS NOT a trading advice, it is only a personal ideas to improve my technical analysis.
I'm not responsable for any kind of use of this idea.
The Eur is rejected from the 61.8% fibonacci level and now the price is in the direction of the level 78.6%.
In case of 78.6% line breaking, the price maybe will move towards the (green line) support, where we can see a double-bottom pattern.
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