Buy EU
Updated
M: Downtrend, broke through and retested for the buy
W: Downtrend, broke through and retesting
D: Downtrend, hit -61.8 and consolidating at weekly level.
4H: Price was in downtrend, hit -61.8 on 4H fib. Price is consolidating at a weekly level.
1H: Downtrend. Price retraced to 23.6 (continuation) and hit -61.8 on 1HR FIB, RSI is Bullish.
CURRENTLY: On the minor structure, price is in an uptrend, retraced to 61.8 .
I am looking for price to retest minor trendline then trade then buy to 1HR trendline @ -27 on minor FIB
~40 pips
W: Downtrend, broke through and retesting
D: Downtrend, hit -61.8 and consolidating at weekly level.
4H: Price was in downtrend, hit -61.8 on 4H fib. Price is consolidating at a weekly level.
1H: Downtrend. Price retraced to 23.6 (continuation) and hit -61.8 on 1HR FIB, RSI is Bullish.
CURRENTLY: On the minor structure, price is in an uptrend, retraced to 61.8 .
I am looking for price to retest minor trendline then trade then buy to 1HR trendline @ -27 on minor FIB
~40 pips
Trade closed: target reached
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.