Hi, EUR USD broke thru our downtrend line and positively retested it and gave us a big engulfing candle afterwards, which would indicated short-term bullish opportunity . My entry point is located at retest of 61.8 FIB and initiated targets are: 1.272 FIB which also is 1:1 projection of first wave, my 2nd target is 1.618 FIB which is also my final take profit and it occur in double top are of previous high from 9th of march 2020, where also lies a strong resistance on 1W.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
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.
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.