I used fibonnaci retracement and according to it, if the pair hit around 1.1072_ after market opens, it should continue upward trend.
!I do not recommend to enter the trade if the price will go below 61,8% of the longer FIB retracement AND if the EMA20 will not support the upwards trend.!
WHat do you think? Let me know
!I do not recommend to enter the trade if the price will go below 61,8% of the longer FIB retracement AND if the EMA20 will not support the upwards trend.!
WHat do you think? Let me know
Note
DONT MIND THE RED FIB EXTENSION!
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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.