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EURUSD 60 Minute Chart Analysis

Tuesday, January 27, 2015 4:09
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Screen Shot 2015-01-27 at 17.47.01

Hello traders, well I have to say this trading day has not been to easy much tougher than I thought in Asia session. I picked this pair only because it looks to me like there might b an opportunity for an entry setting up. You can see how price is in our Fibonacci level and is starting to head to the downside. If price breaks and closes below R2 pivot that looks like an good entry and we can only hope with all the data in the NY session it will continue to the downside. My take profit zone would be the daily pivot. The stop will be determined before I make the entry and see where price is at. Thank You ….. William



Source: http://www.fxinstructor.com/blog/eurusd-60-minute-chart-analysis-2

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