EURUSD
Hi everyone,,
THOUGHT OF THE DAY:
hope everyone had a great weekend and enough time to analyze the week ahead! Like always make sure your analysis is backed by numbers and proven theories, and when executing ALWAYS have proper risk management.
anyways now on to more important things.
ANALYSIS: SHORT TERM SELL
abcd pattern/fib retracment
BC retracement=61.8
D=(TP3*) 161.8
Stoploss=1.0775
NOTES:
- be aware of Friday's lows.
-also US/EUR high imapct news this week
PS: if you are interested in me further explaining the fibonacci retracmernt and fibonacci reciprocals please leave a comment.
Thanks