Buy EUR/USD to 61.8% projection resistance, sell thereafter.

- First we will see the price develop back long to around 1.1046 ( fib 61.8% on hourly TF)
- We see that the price nicely bounced of the 127.3% on the Extension I on the 4 hourly TF and exactly on the 161.8% on the daily TF. :) #confluence
--> this was exactly as predicted in our previous signal where we had a 100% accuracy. (despite i drawed my SL incorrectly on my previous signal)
- We expect ultimate price low on Extension I and Fib projection 200% on the 4 hourly TF. Which is around 1.0888. From that point we will use the retracements tool to examine the next trend.

We are now sitting on a point where trend could change after we reached target 1.0888. if we see more confluence on breach on multiple fib levels, we will continue selling within the trend.
Write me a private message to answer all your questions.

Best regards
Albert @240trade.com

Transakcja zamknięta: osiągnięto wyznaczony cel:

We have reached our long target!
Best regards,

Now we will go short to hit our new targer 1.0888,

Zlecenie aktywne:

We are still trading short on EU