Hi all
The eurusd broke the weekly support last week, and I'm expecting a 50% or 61.8% retracement.
BUT
Since the daily timeframe likewise had a 50% retracement from the LH to LL, I monitor any potential rejection on the 38.2% weekly fibo.
Let me know what you think In the comments!
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**
Thanks a lot for your support
The eurusd broke the weekly support last week, and I'm expecting a 50% or 61.8% retracement.
BUT
Since the daily timeframe likewise had a 50% retracement from the LH to LL, I monitor any potential rejection on the 38.2% weekly fibo.
Let me know what you think In the comments!
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**
Thanks a lot for your support
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