KathysForex
Short

Possible reversal @ 0.618 fib for EURUSD Daily

FX:EURUSD   Euro / U.S. Dollar
342 views
5
A few days ago I mentioned EurUSd will drop to low 1.35 and possibly 1.3480 zone
well it didn't go as far as 1.3480 however it did go low 1.35 and I have cashed in my all my trades on EurUSD .
Now looking at One 2 One Pattern
going side way @ 0.618 for last 3 days.
Possible reversal to 1.27 Fib of BC leg
two trade targets 0.618 and 1.27 Fib of BC leg
Stop loss @ 50-80 pips above C
WE NEED A BIT MORE OVER BOUGHT FOR REVERSAL
Support and resistance lines support the reversal

GOOD LUCK ALL
happy trading

PS/ I will Have buy orders on h4 chart R & S levels for any unexpected reversal (check your money management before adding buy orders as well)
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Comments

THANKS for your chart...yes...it will work....i have already have short order open 13640...n place other short at 13670...for target as shown by you 13460 .. even i have place buy order at 13460...
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KathysForex imaxcare
Yes Great Idea. Just found a Crab pattern on hourly chart I just posted it. Good luck
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