EURUSD fibo bas been faithfully hitting 1.618 / 2.618 levels before trend turning since 2017 (scroll backwards to see fibo charts). However this is a tricky one, with EURUSD hitting a double fibo dip prior to this trend turn to bull.
It did a perfect 61.8% level retracement and looks set to continue towards 1.618 level from here.
Midterm target: 1.1470
1st stop: 1.0980
2nd stop: 1.0880
Risk / Reward ranging from 2-6X depending on entry level.
Good luck and please like this post to support more ideas in future! =)
It did a perfect 61.8% level retracement and looks set to continue towards 1.618 level from here.
Midterm target: 1.1470
1st stop: 1.0980
2nd stop: 1.0880
Risk / Reward ranging from 2-6X depending on entry level.
Good luck and please like this post to support more ideas in future! =)