Is EUR exhausted or will it fight back ?
Updated
4hr TMFRM
- EURUSD has bounced on the reverse fib ext 0.786
-Hit Support and Resistance
-Broken Channel
1hr TMFRM
Confluence
-Support and Resistance
-bounced on the fib ext 0.50
-bounced on PP 1.13213
Opportunity for short
- EURUSD has bounced on the reverse fib ext 0.786
-Hit Support and Resistance
-Broken Channel
1hr TMFRM
Confluence
-Support and Resistance
-bounced on the fib ext 0.50
-bounced on PP 1.13213
Opportunity for short
Trade active
Price at S&R ZoneMost important zone as it has Fib ext level of 1.618
Has Pivot S2: 1.12849
Trade closed: target reached
Target was reached At the at S&R Zone
Fib ext level of 1.618
Had a Pivot of S2: 1.12849
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