EURUSD completed retracement and has rallied back up to retest the high...with a close above the high and conformation this looks like a good long trade up to target # 2. Just my idea. Plan your trade and trade your plan.
Trade ist aktiv:
EURUSD still tracking long after double bottom bounce off of the 236 fib retracement. Good luck all!
Trade ist aktiv:
OK everyone. We have completed the retest of the previous structure high and pushed out of the zone at target #1 with previous resistance acting as support and providing a good bounce rallying up to an almost completion of target #2. Now we are looking for a completion of the B to C wave that would complete this leg of the harmonic move. Looking for extended targets at the 1.618 fib extension (1.12937) and beyond at the 2.272 fib extension (1.13817) if and when we get target #2 completion and conformation of trend continuation. Watch out for the "Brother in Law" play between London and NY and dont get caught in the chop until we know for sure. As always trade with caution and good luck y'all.
Kommentar:
Beware of the shake-out-candle!!!