EURUSD completed it's retracement to the 0.5 level of the yearly highs of 1.25 (confirmed by the double top) and we're looking at a correction on higher time frames. Using the Fib extension, we have room towards the 1.208 level where we will also find support. Medium long term trade, expecting to hit it end of February or later.
Order cancelled
Bounce below the channel made me close this trade.
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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.