We have the following factors:
Things to expect:
+ Good price action in between the 61.8% and 70.5% Fib Levels
+ Be careful of fundamentals to come on USD
*If this is not met I wouldn't advice on taking this trade, and just wait for it to reach next swing low before searching for new entries.
Comments and Questions are Welcome!
Cheers!
- Good price reversal zone at 61.8% Fib (respected several times)
- New high formed
- Downtrend Channel Breakout
- Good R&R
Things to expect:
+ Good price action in between the 61.8% and 70.5% Fib Levels
+ Be careful of fundamentals to come on USD
*If this is not met I wouldn't advice on taking this trade, and just wait for it to reach next swing low before searching for new entries.
Comments and Questions are Welcome!
Cheers!
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.
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.