Hi,
Looking for a continuation to lows here, this is a purely technical setup, with price testing the 618 fib level and breaking the channel formed. We are finding bearishness on the Euro and are looking to get on the back of this. For me to take this trade, I will need to see strong bearishness.
Entry: 161775
Stop: 162082
Target: 161385
Trailing the stop to breakeven at 161630.
Looking for a continuation to lows here, this is a purely technical setup, with price testing the 618 fib level and breaking the channel formed. We are finding bearishness on the Euro and are looking to get on the back of this. For me to take this trade, I will need to see strong bearishness.
Entry: 161775
Stop: 162082
Target: 161385
Trailing the stop to breakeven at 161630.
Order cancelled
price showed no continuation in bearishness
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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.