Hello all, this is my prospective on the pair EURUSD
Wait to see a pull back to 1.1823s which is the 0.382 Fib retracement.
If the pair is still below 200 EMA, 200 SMA (signaling we are in a down trend)
and RSI is showing that the market is overbought look to get short with stops at
1.1866s which is the .50 Fib retracement level and a break of old structure.
Targets will be 1.1724s which is a retest of structure lows
Wait to see a pull back to 1.1823s which is the 0.382 Fib retracement.
If the pair is still below 200 EMA, 200 SMA (signaling we are in a down trend)
and RSI is showing that the market is overbought look to get short with stops at
1.1866s which is the .50 Fib retracement level and a break of old structure.
Targets will be 1.1724s which is a retest of structure lows