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Euro / Dollar AS

EURUSD - Time to Retrace after 248 days rally?

Oleh AlexFelix
Diupdate
EURUSD rallied for 248 days and now we have some wekness signals.
  • There is a head and shoulders in formation.
  • RSI divergence where the EURUSD made new highs but RSI failed to do so.
  • The measured move in case the neck line is broken in the future, has a target in the 50% fibonacci level.
  • And... there is a gap to be closed that is right in the 78%... who knows?


Let me know your thoughts!
Trading ditutup: stop tercapai
FibonacciFibonacci RetracementForexforexanalysisforextradingHead and ShouldersreversalTrend Lines
AlexFelix

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