Price broke previous HL that led to the last HH and formed a new LH and broke slightly below to form a new LL and using fib tool i estimate a .618 fib retracement for entry and a stoploss (approx. 55pips) above previous LH and a 38.2 fib extension as a take profit (approx. 120pips) ....RRR is 2.28
Comment to add your analysis.
*TRADE AT YOUR OWN DISCRETION*
*Author not responsible for any losses incurred*
Comment to add your analysis.
*TRADE AT YOUR OWN DISCRETION*
*Author not responsible for any losses incurred*
Ordre annulé:
Retracement reached 03.382 and not .618 so trade did not open