OANDA:EURUSD   Euro / U.S. Dollar
EUR/USD is in a HTF downtrend. We had a massive sell off from 1.16850 with lows being reached of 1.15135. Drawing my Fib Retracement i am currently looking for a sell entry @ 1.16245- 1.16250 which aligns with the 0.618 fib. This area is also a massive rejection zone on multiple HTF's making it an area of interest for me. Price may drop before reaching this area but I only want perfect entries, 1.16150 may be a selloff zone... Trade Safe :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.