EURUSD at the good resistance area
Hi Traders,
EURUSD will be on my radar now, there are a lot of reason for me to look for sell opportunity in this Chart.
- Price is around resistance area.
- Price reach fib 0.618 (golden ration) which is also good.
- 5 waves almost complete which is also supporting above reasons to sell.
I will trade using Breakout strategy for this trade. break to the downside will make a good sell opportunity for me. No break to the downside, no trade for me. this is a entry strategy that suitable for me. Please feel free to use your own exit and entry strategy.
Good Luck and Trade Wisely
EURUSD will be on my radar now, there are a lot of reason for me to look for sell opportunity in this Chart.
- Price is around resistance area.
- Price reach fib 0.618 (golden ration) which is also good.
- 5 waves almost complete which is also supporting above reasons to sell.
I will trade using Breakout strategy for this trade. break to the downside will make a good sell opportunity for me. No break to the downside, no trade for me. this is a entry strategy that suitable for me. Please feel free to use your own exit and entry strategy.
Good Luck and Trade Wisely
評論
Price breaking out the upside, negate all my plan.so i'm out from this chart at the moment
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