Get started

Retest-structure

EURUSD SHORTS FROM FRIDAY's HIGH' Good Evening Wzr. ahh...People! After the Setup from today morning failed and we retested the Friday High's on EURUSD i think we will get the best entry now possible. Market retested the High which is also between the 61.8% and the 71.5% FIB REGION which i really prefer. Stops are 15 Pips above the 72% fib level. Risk reward 1:3 Thanks for reading. just educational purpose, no advise. in love, tradingpurpose. Go EU, i want that datejust.
Short
by Forexbasis
POSSIBLE LONG OPPORTUNITY Hello traders! Just an update on this pair. We shorted the market from the previous idea and all targets were satisfied. We now see a re-entry to this downward channel and we know that this pair has been in a strong trend upward. This is why we believe we can see a rally to previous structure as the retest already happened. But can we get a chance for another long position entry? If we get a retest at 73.350 we could see a bullish reaction to 74.000-74.500. Monitor for trading opportunities. This is an idea not a signal, shared for educational purposes. Trade smart don’t gamble. -Rum
Long
by PipTips
USDCHF Looking for a PullbackAfter the long consolidation period within the symmetrical triangle, USDCHF finally decided to break below and we will be looking to retest the ascending trendline. Looking for a pullback on the 0.618 Fib level in correspondence to the previous support now acting as resistance. The three TA elements outlined together create this zone of confluence in which we could consider opening a short swing trading position. This is NOT a financial advice, trade at your own risk!
Short
by Proszi
1