Yesterday we took a long in this pair expecting price to retest the Weekly structure at 1.0879 but price missed this target by few pips. The leg up was the last wave of correction so we are short again the EURUSD, expecting a break of the Momentum low.
This is a continuation trade and we are targetting the T1 of the Fib retracement 0.618.
Short Entry: 1.0860
Stop Loss: 1.0890
Target: 1.0745.
Trade active
Short Entry: 1.0860Stop Loss: 1.0890
Target: 1.0745.
Related publications
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.
Related publications
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.