Currency: EURUSD
Time Frame: Daily
Indicator Momentum: Bearish
Pattern: Possible of Wave C of the ABC Correction
Price: A signficant Bearish Rejection occured at Fiboncacci 38.2% (1.4571). Second, the 34 EMA act as a strong resistance to the current price and cluster together at the Fibonacci 38.2%.
Entry Strategy: Go short. Trader may consider short at the Low of the Friday price at 1.4336
Posts
Excellent and informative tips.I like your post and it really very helpful for all the people on web.thanks for sharing the post
ReplyDeleteMCX TIPS