EURUSD SHORT Fibonacci extensions for intraday trading $EURUSD
These are the Fibonacci extensions I am watching for EURUSD today :
N1: 1.2003
N2: 1.2015
N3: 1.2031
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.2051)
TP could be @ Fibo level 0 (1.1983)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
N1: 1.2003
N2: 1.2015
N3: 1.2031
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.2051)
TP could be @ Fibo level 0 (1.1983)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
