ChristopherDownie

Technical Analysis: EURUSD Buys into 1.08161

Long
EIGHTCAP:EURUSD   Euro / U.S. Dollar
I am expecting a strong reaction off the current price zone, we recently made a swing high and are now in a retracement and I expect price to retest those highs to continue higher. This trade is based on the 1H and 4H timeframe.

4H fib markup :
In order to take this trade I am waiting on a buy signal from the indicator or a buy signal and retest of the RSI stops indicator trail.
Trade active:

Bought
Comment:
Still holding trade we are reacting off the support level I am still expecting push to the upside
Trade closed manually:
Getting downward momentum. Trade close

C Nicholas Downie
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