EURUSD is going up, but today it will probably show some pull back to 1.310 area if it stops there we could have nice head and shoulders pattern (inverse) meaning that EUR could go as high as 1.33
It is also good to know that right shoulder is exactly 0.618 Fibonacci retracement of las move up, and if it will go up is shouldn't close below.
anyway, big risk would be to enter short and ride it to 1.310 area, and lower risk would be to wait until it hits 1.3100 or 10 pips lower and to enter long with 40 pips stop and target of 1.3290


Nema komentara:
Objavi komentar