Reason : Retracement will take place till 61.8 FIB level of current upmove.
Timeframe : 1 week
Trade closed manually
Momentum should have started by now formation for downside however, things has changed to sideways which will continue for 3-4 days more with extending current sideways range. No profit/No loss trade. Will be watching how further opportunity opens in this pair.
Trade closed: target reached
Target achieved with price as well as time span. however, couldn't trade it.
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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.