EURUSD SHORT Fibonacci extensions for intraday trading $EURUSD
These are the Fibonacci extensions I am watching for EURUSD today :
N1: 1.2232
N2: 1.2243
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.2256)
TP could be @ Fibo level 0 (1.2211)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
Social trading Youtube channel
France Trading forum (french)
N1: 1.2232
N2: 1.2243
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.2256)
TP could be @ Fibo level 0 (1.2211)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
Social trading Youtube channel
France Trading forum (french)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.