TheEuroTrader

Anticipating further lows after breakdown today

TheEuroTrader Mis à jour   
FX:EURUSD   Euro / Dollar Américain
EURUSD

This is how you draw a pair of tramlines for the completed 161.8% fib ext draw.

You draw the first tramline connecting the top 2 points of the draw and the lower tramline from the second red candle close low. This gives a guide as to where the retracement can come to before making new lows again.
Commentaire:
This played out to absolute PERFECTION.

Looking for a continued sell off into tomorrow down towards the 1.001 level.
Trade fermée: cible de profit atteinte:
Technical perfection. Targets reached.

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