EURUSD is preparing for a potential big drop. Sellers found @ :
- 1.1250 resistance
- 50% fibonacci retracement of prior swing
Our entry is based on the 123 psichological pattern. This trade carry good reward - 1:14 risk:reward , will become at least 1:7 risk:reward after we will cover- but we should cover after a little drop for any eventuality.
This trade carry the potential to align timeframes starting from 2h until Monthly, like a domino, and renew the long term bearish trend!
I hope it will become a domino too.
- 1.1250 resistance
- 50% fibonacci retracement of prior swing
Our entry is based on the 123 psichological pattern. This trade carry good reward - 1:14 risk:reward , will become at least 1:7 risk:reward after we will cover- but we should cover after a little drop for any eventuality.
This trade carry the potential to align timeframes starting from 2h until Monthly, like a domino, and renew the long term bearish trend!
I hope it will become a domino too.