Using quarter theory on the quarter point of 250 pips and the 618 fib retracement i found this set up. Now this is not a guarantee trade it never is but I wouldn't mind risking my money since its a 1 to 13 risk to reward just to the 618 TP3 not the final TP but enough for me to be satisfied.
I will be holding this trade due to the current market bullish rally I see it reaching 110.000 but if it reverses and breaks below 107.150 I will look for a retracement to the 107.150 for a SELL. My bias is a buy for now currently in 1 position
I will be holding this trade due to the current market bullish rally I see it reaching 110.000 but if it reverses and breaks below 107.150 I will look for a retracement to the 107.150 for a SELL. My bias is a buy for now currently in 1 position
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.