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 aktif
Trading ditutup: target tercapai
Partly closed after 30 pips (just passed half way to final target), booking profit. Moving stop loss to break even.Catatan
Monitoring
Trading ditutup secara manual
Closed remainder at 1.06448.Catatan
Moved beautifully according to prognosis earlier this week
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