Anticipating a retracement after a strong bearish push to the downside in the daily.
Entry spotted on the 30 min chart as support structure is retested for the second time. I also used my custom fib to base my sl and tp off.
Risk reward on this trade is 1.25:1. 24 pip risk and 30 pip target.
Entry spotted on the 30 min chart as support structure is retested for the second time. I also used my custom fib to base my sl and tp off.
Risk reward on this trade is 1.25:1. 24 pip risk and 30 pip target.
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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.