I watch for a 23.6% fib retrace or greater on my 5m chart for an entry.
Today price retraced back to the 78.6% fib from a 1.18556 high 5m.
Entered trade at 1.1844 with a tight SL
My TP was just before the high as a retest @ 1.1855
Today price retraced back to the 78.6% fib from a 1.18556 high 5m.
Entered trade at 1.1844 with a tight SL
My TP was just before the high as a retest @ 1.1855
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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.