EURUSD dropping perfectly,prepare to sell on break of support
Actualizado
Sell below 1.1832. Stop loss at 1.1888. Take profit at 1.1752.
Reason for the trading strategy (technically):
Price dropped perfectly from our selling area yesterday. The goal today is to look to sell on the break of our major support at 1.1832 (Fibonacci retracement, horizontal overlap support) and upon this break, we expect price to make a push down to at least 1.1752 support (Fibonacci retracement, horizontal overlap support).
Stochastic (55,3,1) is dropping nicely from our 93% resistance with good downside potential.
Reason for the trading strategy (technically):
Price dropped perfectly from our selling area yesterday. The goal today is to look to sell on the break of our major support at 1.1832 (Fibonacci retracement, horizontal overlap support) and upon this break, we expect price to make a push down to at least 1.1752 support (Fibonacci retracement, horizontal overlap support).
Stochastic (55,3,1) is dropping nicely from our 93% resistance with good downside potential.
Nota
potentially :
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