EURUSD:Sell at the 0.618RET
Updated
The market has broken out the upward trendline and it means the up-trend may be changed.
The market is pulling back the 0.618RET which is also the neckline of previous structure.
So it is good to sell short at 1.066-1.068 levels when the price action gives signals in the PRZ.
SL:above 1.072
TP1:1.058
TP2:1.045 and further more
The market is pulling back the 0.618RET which is also the neckline of previous structure.
So it is good to sell short at 1.066-1.068 levels when the price action gives signals in the PRZ.
SL:above 1.072
TP1:1.058
TP2:1.045 and further more
Trade active
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.