Price is very bullish but is in overbought territory
It has also hit the Fib level of 1.618% and probably due a retracement to structure highlighted in yellow.
Stop loss is about 12 pips in case it changes its mind and continues on the up
It has also hit the Fib level of 1.618% and probably due a retracement to structure highlighted in yellow.
Stop loss is about 12 pips in case it changes its mind and continues on the up
Note
Please use good risk management. 12 pips is nothingTrade closed: stop reached
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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.