MinhDucPham

MinhDucPham Updated 

This is a counter-trend potential setup on EURUSD. As can be seen, we have 5 weeks of extremely bullish in a row. Target 1 at -0.27 Fib is reached. Price now is 300 PIPS aways from daily 8 EMA. I personally would looking for a short setup if we have more confirmation on 4hr time frame (could be evening star). This is just a short-term setup with a risk/reward...