EURUSD Daily. Just got to think like the banks sometimes.

Retracement to TL after a massive drop. market will look to maintain some form of structure.
Pink lines are the lengths of the initial big drop to the double top on the 1 hour TF
Confluence with 38.2 fib level as target 1 and target 2 just shy of the 78.6 fib level.

Thanks Tycoon for the enlightenment.

Juga pada:

Penafian