Reasons to long EURUSD:
- Stoch(533) pattern (3 descendent waves near 0);
- The price hit the 61% Fibo retracement;
- 100% Fibo expansion is the last major resistance (1.10500);
- The price came from a up trend;
Before open the long position wait for a candle reversal pattern between 61% nd 76% Fibo retracement.
- Stoch(533) pattern (3 descendent waves near 0);
- The price hit the 61% Fibo retracement;
- 100% Fibo expansion is the last major resistance (1.10500);
- The price came from a up trend;
Before open the long position wait for a candle reversal pattern between 61% nd 76% Fibo retracement.
