I am shorting to 100.55 with a stop at 101.34.
2016Sep25 I am shorting to 100.55 with a stop at 101.34.
The pair has double-topped so it will likely come down to the 61.80% fib retracement level. This level sits just above a support level that began 2016Aug23, 17:00 est. and lasted for about 56hrs. I anticipate a strong retracement once that level has been reached.
My stop is 10 pips above the double-top high.
The RSI is currently just above 50.
The pair has double-topped so it will likely come down to the 61.80% fib retracement level. This level sits just above a support level that began 2016Aug23, 17:00 est. and lasted for about 56hrs. I anticipate a strong retracement once that level has been reached.
My stop is 10 pips above the double-top high.
The RSI is currently just above 50.
Note
Fail.
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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.