As you can see EUR/USD is at a Liquidity zone
I have the FIB setup here aswell and it should retrace to 618 or Price ~ 0.98200 once we see any bearish price action the trade is activated
Double Top also formed on the 1hr indicating a clear move downward
I have the FIB setup here aswell and it should retrace to 618 or Price ~ 0.98200 once we see any bearish price action the trade is activated
Double Top also formed on the 1hr indicating a clear move downward
Note
Halfway down to 0.98200 we should see a correction around 0.99000Trade closed: target reached
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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.