We see that price is in confluence with the Trendline and 61.8% on Fibs
The Highest price can go is about 50 pips higher @ like 1.14 for the major SL
So with a 250 Pip TP and 50 pip SL
The Risk to reward is well worth it.
I will be entering again when I see another break of support and retest of the broken support on the M30 then look for the bearish engulfing and cont. looking for sells.
The Highest price can go is about 50 pips higher @ like 1.14 for the major SL
So with a 250 Pip TP and 50 pip SL
The Risk to reward is well worth it.
I will be entering again when I see another break of support and retest of the broken support on the M30 then look for the bearish engulfing and cont. looking for sells.
Note
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Related publications
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.