EURUSD (4H) Taking a breather? Two interesting things.
We have run into two different things here.
Firstly we have the 1.0700 psychological level where price seems to have found resistance.
Secondly, we have a 61.8% fibonacci retracement of Z to X.
Combined with these two we are currently in overbought condition.
I'm looking to profit from this breather with a rather tight/risky stop loss.
Firstly we have the 1.0700 psychological level where price seems to have found resistance.
Secondly, we have a 61.8% fibonacci retracement of Z to X.
Combined with these two we are currently in overbought condition.
I'm looking to profit from this breather with a rather tight/risky stop loss.
Trade attivo
Trade chiuso: obiettivo raggiunto
Partly closed after 30 pips (just passed half way to final target), booking profit. Moving stop loss to break even.Nota
Monitoring
Trade chiuso manualmente
Closed remainder at 1.06448.Nota
Moved beautifully according to prognosis earlier this week
Declinazione di responsabilità
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