From the H4 chart we can see price isn't going upwards but downwards. Now there's a new low created and the hall Mark of a downtrend is the ability of the market to create lower lows and lower highs. Fibonacci levels are in place, if price gets to the 50 and 61.8 levels I'll be waiting on a Bearish reversal candle stick pattern as my signal to sell. Risk will be 0.5% and targets around 1% of my account
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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.