EURUSD exhausted following a rally towards weekly resistance,
fibonacci retracements are targets 1 & 2 at 50% and 61.8%.
Price action creating a bearish picture as mutliple doji's have formed,
along with the stochastics shifting down in divergence from overbought,
this confirms my short position.
fibonacci retracements are targets 1 & 2 at 50% and 61.8%.
Price action creating a bearish picture as mutliple doji's have formed,
along with the stochastics shifting down in divergence from overbought,
this confirms my short position.
Comment:
Stopped out but have re-entered the trade.