Hello traders,
On this Wed, we love to wish you Merry Xams.
Hope you be healthy during this Holiday.
Ok, on this pair, EURUSD, we have last idea like this.
B position is a little be higher than expectation but still acceptable as it made a double top. And entry signal appeared later on the second hit of the lower top.
Now we would assume that price might pull back to make a correction and keep eyes on the end of correction to sell on the condition that price would not pass through FIBO 618 position. 1h H2& H3 could be targets for sellers.
Will it turn around and make a reversal?
Nothing is impossible.
Check it on the condition that fibo 618 no longer a valid resistance zone on this chart.
Good luck!!
LESS IS MORE!
On this Wed, we love to wish you Merry Xams.
Hope you be healthy during this Holiday.
Ok, on this pair, EURUSD, we have last idea like this.
Now we would assume that price might pull back to make a correction and keep eyes on the end of correction to sell on the condition that price would not pass through FIBO 618 position. 1h H2& H3 could be targets for sellers.
Will it turn around and make a reversal?
Nothing is impossible.
Check it on the condition that fibo 618 no longer a valid resistance zone on this chart.
Good luck!!
LESS IS MORE!