Hi Traders,
EURUSD will be on my radar now, there are a lot of reason for me to look for sell opportunity in this Chart.
- Price is around resistance area.
- Price reach fib 0.618 (golden ration) which is also good.
- 5 waves almost complete which is also supporting above reasons to sell.
I will trade using Breakout strategy for this trade. break to the downside will make a good sell opportunity for me. No break to the downside, no trade for me. this is a entry strategy that suitable for me. Please feel free to use your own exit and entry strategy.
Good Luck and Trade Wisely