Retrace should stop soon
Updated
I dont believe the EUR bullish moment has finished yet, so i would like to point you in this setup,q uite easy.
If EUR is able to brake the 61.8 and stop at 50.0 Fib level should be a confirmation of the retrace moment and should get full power to strike up.
Give attention to RSI if in overbought zone and on 50 Fib wait for the RSi to exhaust, let the price make some bullish candel and enter on a red candle if doesnt pass the 50 Fib level.
Good luck and happy trading.
If EUR is able to brake the 61.8 and stop at 50.0 Fib level should be a confirmation of the retrace moment and should get full power to strike up.
Give attention to RSI if in overbought zone and on 50 Fib wait for the RSi to exhaust, let the price make some bullish candel and enter on a red candle if doesnt pass the 50 Fib level.
Good luck and happy trading.
Trade active
Closed manually TP1 18050. Still active, waiting for tp2 to be fired. Stop Loss moved up to my entry point @ 1.17380.
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