jhell1717

EURUSD Waiting for bearish 30m/1hr to take SELLS.

FX:EURUSD   Euro / U.S. Dollar
EURUSD has made a new lower low on the 30m/1hr chart. It has now retraced back upto the broken support level. This level is also the 0.5-0.618 fib retracement zone. Provided we can see 30m/1hr bearish candles forming around this zone, and we see candles breaking the lows of the previous candles on the 15m/30m I will be taking sells with a target of the new low.

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.