Forex EUR/USD Daily Video, June 17, 2020

Brett Reynolds

Sergeant Major
Messages
869
I took a short..@1.1270 .on 4 hr H&S pattern because i am already short on Gold. I am looking at 1.1150 area for iniital target because i have 38.2 fibo levels actually around that area...and maybe B&B could start from there!? BUT...eventually...maybe in month of July..i am looking for possible 'Long entry' on EUR hopefully around 1.1075 area would be ideal..as that is 50% fib from 'whole move' from 24th April.!! It's complicated...i know! :rolleyes:
 

Sive Morten

Special Consultant to the FPA
Messages
14,727
I took a short..@1.1270 .on 4 hr H&S pattern because i am already short on Gold. I am looking at 1.1150 area for iniital target because i have 38.2 fibo levels actually around that area...and maybe B&B could start from there!? BUT...eventually...maybe in month of July..i am looking for possible 'Long entry' on EUR hopefully around 1.1075 area would be ideal..as that is 50% fib from 'whole move' from 24th April.!! It's complicated...i know! :rolleyes:
Yep, EUR is somehow look indecisive. It is tending lower but, choppy. It makes us update trading plan daily.
 
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