Eurusd downtrend. 2 hour.
Updated
If we look a closer look on the 2 hour, we just broke under the "HL", red line.
Look for the pullback to the 0.618 or 0.786 retracement.
RSI almost oversold.
The bear's is "tried".
Trade begin: 0.618
Targets if complete: 1.22562
Stop loss: 1.24111
1½:1 trade!
Trade begin: 0.786
Targets if complete: 1.22562
Stop loss: 1.24111
3:1 trade! Let's go
RSI: oversold still.
Look for the pullback to the 0.618 or 0.786 retracement.
RSI almost oversold.
The bear's is "tried".
Trade begin: 0.618
Targets if complete: 1.22562
Stop loss: 1.24111
1½:1 trade!
Trade begin: 0.786
Targets if complete: 1.22562
Stop loss: 1.24111
3:1 trade! Let's go
RSI: oversold still.
Trade active
Trade 1: begin 0.618 HITTrade 2: still going on.
Trade closed: stop reached
Trade 2: stop hit.Disclaimer
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