I am shorting to 86.33 with a stop at 86.81.
2016Sep23 I am shorting to 86.33 with a stop at 86.81.
The stop is 10 pips above the previous candle's high. My target falls on the 38.20% fib retracment level.
The RSI is in an overbought state.
The pair has been stepping higher for some time. Each retracement has reached to at least the 38.20% fib level.
The stop is 10 pips above the previous candle's high. My target falls on the 38.20% fib retracment level.
The RSI is in an overbought state.
The pair has been stepping higher for some time. Each retracement has reached to at least the 38.20% fib level.
Note
Wow the EUR is on a tear today. If I lose this trade I will wait until next week and see if the enthusiasm has faded.Note
Failed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.