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joseigorcfm

EURO/USD Trend Analisys.

Euro / Dollar AS (FX:EURUSD)  
joseigorcfm  
FX:EURUSD   Euro / Dollar AS
Support and Resistance Fibonacci Trend Lines
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supportandresistance fibonacci trendline
  • If the down trend line breaks the support, I would go short.
  • In the other side, if there is a breakout of the resistance I would go long.
  • There is also the possibility to the market stay between the support and resistance zone for a while (accumulation zone), in this case I would wait until breakout of support or resistance.
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