From January 2015 to Jun 2017,
EURUSD
had never closed above 1.1460 making this level an important zone to pay attention. Various bounces also occured at 1.1159, also a level to pay attention. Thus, having actual marking ranging between this range is a sign to wait either for a bull brake above 1.1460 or a bear bear below 1.1159.
A bull break can a a signal for a long trade with the optimum target at 1.2341 by securing profit in respect of fibonacci retracement levels.
Bear break give signal for a short trade with 1.0622 corresponding to the recent lowest low.
This is a position trade, if you're not te patient type, to follow this. Trade might take several months.
EURUSD
had never closed above 1.1460 making this level an important zone to pay attention. Various bounces also occured at 1.1159, also a level to pay attention. Thus, having actual marking ranging between this range is a sign to wait either for a bull brake above 1.1460 or a bear bear below 1.1159. A bull break can a a signal for a long trade with the optimum target at 1.2341 by securing profit in respect of fibonacci retracement levels.
Bear break give signal for a short trade with 1.0622 corresponding to the recent lowest low.
This is a position trade, if you're not te patient type, to follow this. Trade might take several months.