Reasons to long EURUSD:
- Stoch(533) pattern (3 descendent waves near 0);
- The price hit the 61% Fibo retracement;
- 100% Fibo expansion is the last major resistance (1.10500);
- The price came from a up trend;
Before open the long position wait for a candle reversal pattern between 61% nd 76% Fibo retracement.
- Stoch(533) pattern (3 descendent waves near 0);
- The price hit the 61% Fibo retracement;
- 100% Fibo expansion is the last major resistance (1.10500);
- The price came from a up trend;
Before open the long position wait for a candle reversal pattern between 61% nd 76% Fibo retracement.
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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.