EuroMotif

EURUSD bounce to short: EU resistance zones to watch

FX:EURUSD   Euro / Dólar Americano
EU finally got a bounce, from the 8.618 fib extension.
Supposed to bounce at 8.236 but stops were hunted.
Typical London games, it dove at open only to reverse.

The impulse from bottom is showing some strength.
It should reach at least the green 4.236 around 1.18xx.
It could go much higher but expect a pullback soon.

Background:

I am an EU bear, spotting the top in April 2018
As that downtrend started, I spotted 1.07 as final destination
Since then I have been shorting or waiting to short, for example my last big short based on Pivots

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.