This 50% Retracement found price testing a Previous Low and Resistance Zone where price now has broken a Previous Level of Structure being Support and is now on its way up to Retest this Break!
If Price is able to Retrace back to the Level of Structure @ ( 1.1336 - 1.1340 ) and shows signs of Resistance, this could deliver Short opportunities to take Price down to the Next Levels of Support @ 1.131 & 1.126!
Trade closed: target reached
EURUSD has reached the Take Profit!For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
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.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
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.