I'm going short here because the weekly, daily and 4h are extremely bearish , fundamentals are against the EUR in the EURUSD pair (as I explained in my last post on fiber, see that below), and we just made a nice impulse leg. I expect price to retrace into this recent imbalance for at least 50% of the impulse leg, and I placed my entry at 62%. I will target the -100% extension, taking profits along the way and leaving a small runner for following this strong trend.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now