Kaits
Short

EUR/USD fib retracement strong S/R approaching

FX_IDC:EURUSD   Euro / US-Dollar
Looking to short the EU.
Pair has been trending down as of late, price is at a vital hourly move fib lvl             and a strong s/R level is approaching. There has been a sharp breakout of the hourly trendline which caused a steep channel. I expect exhaustion. Experience shows that such channels are hardly sustainable.
Looking for the pair to retrace to the 23.6 fib level or trendline depending on your risk appetite. RSI is also on overbought levels which gives me extra confidence. Stops at 1.06428 TP 1.05756. RR 1:2.
First chart published open to criticism.
Will keep updated. Have a safe weekend and catch you on market open.
Deutschland
United States
United Kingdom
India
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Bitte um Kennzeichnung Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Priorität-Unterstützung Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden