Hi traders,
today i want to show you an opportunity that i will be looking to over the next few days.
As you can see in the chart, euro has reached new lows last week, breaking the strong daily resistance that held for a long time. Now price is retesting the resistance level (that could become support) in confluence with a 382 Fibonacci retracement.
In the next days i will be looking for some short signals in lower timeframe (4hr and 1hr) like as engulfing candles, double tops etc etc
I'll let you know if i enter the market.
Hope you all had a nice weekend!
today i want to show you an opportunity that i will be looking to over the next few days.
As you can see in the chart, euro has reached new lows last week, breaking the strong daily resistance that held for a long time. Now price is retesting the resistance level (that could become support) in confluence with a 382 Fibonacci retracement.
In the next days i will be looking for some short signals in lower timeframe (4hr and 1hr) like as engulfing candles, double tops etc etc
I'll let you know if i enter the market.
Hope you all had a nice weekend!
Comment:
I've just noticed a bat formation in 4hr/1hr chart that completes @1.1017. Limit order placed.
Trade active:
Bat formation filled
Trade closed: stop reached