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.
İşlem aktif
İşlem kapandı: hedefe ulaştı:
Partly closed after 30 pips (just passed half way to final target), booking profit. Moving stop loss to break even.
İşlem elle kapatılmış:
Closed remainder at 1.06448.
Yorum:
Moved beautifully according to prognosis earlier this week
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