I am shorting to 86.33 with a stop at 86.81.
Updated
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.
Comment
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.Comment
Failed.
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