StevenH

EURUSD 1.618 inversion trade

Corto
FX:EURUSD   Euro/Dólar estadounidense
Here we have an 1.618 inversion lining up with previous structure and overbought RSI. For me this trade works best as a part of my CTS scoring system, so taking that into account i have decided that i need a couple of more things to happen before i can take this trade. I will be waiting for a double top back up at the 1.618 inversion along with some RSI divergence. At that point i will be comfortable taking this trade. I will be putting stops above 1.065s and have targets at the .618 retracement. Let me know what you think of this trade idea

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